5:41 am - Friday November 6, 2015

Amazon CEO Jeff Bezos meets PM Narendra Modi

96 Viewed Gautam Comments Off on Amazon CEO Jeff Bezos meets PM Narendra Modi
amazon_650_100314085136

Jeffrey P. Bezos, chief executive officer of Amazon.com, Friday met Prime Minister Narendra Modi, an official statement said.

Bezos, who is in India for a visit, had earlier termed India an amazing country, which is full of opportunities and boasts of people who are hard-working, vibrant and have a zest to succeed.

Amazon has high expectations from its Indian operations, he noted.

“People feel that we are in India for the last one year.. we started a software development office in Bangalore 10 years ago. In the last one year the local team is doing shockingly, stunningly well. We are open for a year and we have very high expectations,” he said in a conversation with former Nasscom president Kiran Karnik at an event organised by the Federation of Indian Chamber of Commerce and Industry.

The US-based Amazon recently said it was investing $2 billion in India’s e-commerce space. With 243 million Internet users, India’s e-commerce industry is growing at 38 percent year-on-year.

“With this additional investment of $2 billion, Amazon team can continue to think big, innovate and raise the bar for customers in India. At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross sales,” said Bezos.

“What is stunning about India is the speed at which it is growing and that is one of the tailwinds for the growth of e-commerce,” he said, adding that “India is unbelievably energising; the people are focused on learning and extremely inventive.”

Click here to submit your review.


Submit your review
* Required Field

Don't miss the stories followIndiaVision News and Information and let's be smart!
Loading...
0/5 - 0
You need login to vote.
Filed in
RBI-2-356_5306_356

Three reasons why bad loans are a bigger challenge than inflation for RBI

forex

Forex reserves fall $1.4 bn to $314 bn

Related posts