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21st to be an Indian century: Bezos

21st to be an Indian century: Bezos

New Delhi, Jan 15 (SocialNews.XYZ) Making major investment announcements for small and medium businesses (SMB), Amazon CEO Jeff Bezos on Wednesday said that the 21st century will be the century of India.

Speaking at the Amazon Smbhav event here, Bezos announced that Amazon would invest $1 billion in digitising SMBs in the country.

He further said that the e-commerce major would use its global footprint to export Made in India goods worth $10 billion by 2025.

 

"I predict that 21st century is going to be the Indian century," he said, adding that apart from the dynamism it has, India is a democracy which is a major characterstic of the country.

He also observed that in terms of alliances, the 21st century would be about the bilateral relations between the US and India.

Bezos' visit to India comes at a crucial time as the Competition Commission of India has ordered an enquiry into the business practices of the e-commerce majors Amazon and Flipkart.

Source: IANS

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21st to be an Indian century: Bezos

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Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

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