16 January 2020

Amazon Investing $1billion To Help India Digitize

AMAZON is to invest $1 billion to help digitize small businesses in Towns and Villiages across India.  This will be so that AMAZON can get more access to Indias Market and to create $10 billion in India exports by 2025.

Jeff Bezos says:

Our hope is that this investment will bring millions more people into the future prosperity of India and at the same time expose the world to the ‘Make in India’ products that represent India’s rich, diverse culture,
Amazon opened its conference, titled Amazon SMBhav (Hindi for possible, and a play on the word SMB), with videos of poor merchants and craftsmen ...

Full Coverage https://techcrunch.com/2020/01/14/amazon-to-invest-1-billion-to-digitize-small-businesses-in-india/