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Business News » Small Business News

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Amazon CEO Jeff Bezos during his recent meet with Indian prime minister Narendra Modi in the US has said that his meeting with Modi was terrific and he was excited to keep investing and growing in India.

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Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos
Prime minister Narendra Modi posing to media lensmen during his meet with 20 US business leaders in Amercia on June 25, 2017. Image Source: PMO India/Twitter
Written By: PTI
Updated: Mon, Jun 26, 2017
03:35 pm
New Delhi , PTI
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American online retail giant Amazon, which has committed investments to the tune of $5 billion in India, will "keep investing and growing in India", its chief Jeff Bezos has said.

After his meeting with Prime Minister Narendra Modi, Bezos tweeted, "Terrific meeting with @narendramodi. Always impressed, energized by optimism and invention in India. Excited to keep investing and growing."

Bezos was among the 20 US business leaders who interacted with Modi as part of a roundtable interaction. Others in the group included Apple CEO Tim Cook, Google's Sunder Pichai, John Chambers from Cisco, Shantanu Narayen from Adobe and Ajay Banga from Mastercard.

ALSO READ: Positive on India-made SE iPhones, app developers, says Apple CEO Tim Cook to Modi

Amazon, which has recently completed four years of operations in India, is locked in an intense battle for leadership with homegrown e-tailer Flipkart.

The company has been aggressively investing in setting up fulfilment centres across India to ensure speedy delivery to consumers. It has 41 such warehouses across 13 states.

Its seller base in the country has also increased to two lakh currently, from 100 in 2013.

Previously, Bezos has said the company will keep investing in the Indian market to strengthen technology and infrastructure.

"Our India team is moving fast and delivering for customers and sellers... It's still Day 1 for e-commerce in India, and I assure you that we'll keep investing in technology and infrastructure," Bezos had said. 

ALSO READ: Logic of Indo-US strategic ties ''incontrovertible'', says Modi 

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TAGS:
Jeff BezosStartupsEconomyAmazonNarendra ModiSunder PichaiTim CookJohn ChambersShantanu NarayenAjay BangaAppleGoogleCISCOAdobeMasterCard
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