Amazon is all set to invest $1 Bn in India to support small and medium-sized businesses (SMBs), said the company’s founder and CEO Jeff Bezos, on Wednesday, while speaking on the sidelines of the Amazon Smbhav event, which is being held at the JLN Stadium, New Delhi.
Bezos, in a conversation with Amazon India Head Amit Agarwal, told that the investment will digitise Indian SMBs and will help them to export goods valuing over $10 Bn worldwide by 2025. “The 21st century is going to be India’s century,” Bezos predicted.
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