Jeff Bezos announced Amazon will invest $1 billion to help digitize small and medium businesses in India.
event in New Delhi for a fireside chat alongside Amit Agarwal, who heads Amazon's India operations. He said the $1 billion investment will be used to digitize small and medium-sized businesses in the country and that Amazon hopes to export $10 billion worth of India-made goods around the world by 2025.
"I predict that the 21st century is going to be the Indian century," Bezos said on stage, while wearing traditional Indian attire. "The dynamism, the energy...this country has something special. The most important alliance is going to be the alliance between India and the United States, the world's oldest democracy and the world's largest democracy."and the future of space exploration.
Smbhav is an annual event held by Amazon that's aimed at helping the company connect with millions of small and medium-sized businesses in the country. Amazon has already poured more than $5 billion in its India business. It went on a
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