Amazon boss Bezos pledges to invest $1bn in India

Bezos, Jeff

Amazon founder and chief executive Jeff Bezos has unveiled plans to invest $1bn (£770m) in the Indian ecommerce sector.

Bezos said the online goliath will invest in digitising small and medium-sized businesses throughout India, enabling them to sell and operate online.

The Amazon founder said at a company event in New Delhi that the 21st century is “going to be the Indian century” aided by the country’s “dynamism, energy [and] growth”.

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