Amazon to Invest $1 Billion in India

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Amazon to Invest $1 Billion in India
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Amazon founder Jeff Bezos said that the company plans to invest $1B in digitizing small and medium businesses in India

said Wednesday that his company plans to invest $1 billion in digitizing small and medium businesses in India.

He addressed representatives of small and medium businesses in New Delhi. Amazon.com launched e-commerce in India through Amazon India in 2013. There are more than 550,000 sellers on Amazon India and more than 60,000 Indian manufacturers and brands are exporting their products to customers worldwide through Amazon, according to the Press Trust of India news agency.

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