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Amazon CEO Jeff Bezos at an organization occasion in New Delhi instructed that the eCommerce big is investing $1 billion to empower and digitize small businesses in India.
Jeff instructed that the corporate is planning to export items price $10 billion by 2025 by means of the ‘Make in India‘ program.
This information comes simply after the Competitors Fee of India (CCI), started an investigation into anti-competitive practices of Amazon.
In India, Bezos will additionally meet Prime Minister Narendra Modi. Each have beforehand met in an occasion in Washington again in 2016. Jeff hinted that Amazon would invest over $5 billion in India in the approaching years.
Final 12 months, Amazon opened its largest campus in Hyderabad, India.
In the meantime, Amazon is being criticized and there’s protest because the members of the Confederation of All India Merchants (CAIT) are preparing to protest against Amazon in 300 cities.
— AICPDF (@AICPDF) January 14, 2020