Amazon to export $10 billion of ‘Make in India’ goods by 2025.
Amazon founder and Chief Executive Jeff Bezos, who is on a three-day visit to India, said on Wednesday that the e-commerce giant will use its footprint to export $10 billion worth of ‘Make in India’ goods by 2025.
Bezos stated that Amazon is going to invest in Indian small and medium scale business with an investment of $1 billion.
Bezos arrived to India on Tuesday. And he said that it will be most important in the 21st century, and this is “going to be the Indian Century”.
Speaking of company, in Jawaharlal Nehru Stadium, he described the step as “first-of-its-kind mega summit” which will bring together more than 3000 small businesses.
Bezos said, “The dynamism, the energy… the growth. This country has something special and it’s a democracy.”
Amazon has committed to invest $5.5 billion in India and sees the country as a key growth market.