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Amazon to Invest USD 1 Billion in Digitising Indian SMEs: Jeff Bezos

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Amazon chief Jeff Bezos said the e-commerce major will invest USD 1 billion (over Rs 7,000 crore) in digitising small and medium businesses (SMEs)  in India.

The company will use its global footprint to export USD 10 billion worth of Make In India goods by 2025, Bezos said at the Amazon SMBhav summit which will focus on discussions around how technology adoption can enable small and medium businesses (SMEs) in India.

He also stated that the India-US alliance will be the most important in 21st century.

Bezos is in India this week and is expected to meet top government functionaries, business leaders and SMBs.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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