BUSINESS

Amazon chief Jeff Bezos calls on PM Modi

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Nitika Walia, Star Live 24
Saturday, October 04, 2014
Published On: 13:41:29 PM
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The chief executive of e-commerce major Amazon, Jeffrey P Bezos, called onPrime Minister Narendra Modi.

"Jeffrey P. Bezos, President,Chairman and CEO of Amazon.com, called on the Prime Minister, Narendra Moditoday," an official release said. Bezos have been visiting Indian citiesthis week. Amazon, the world's largest e-tailer has already committed USD 2billion investment in the country.

Earlier this week, Bezos had said that Amazon in evaluating setting up adata centre in India to tap into the multi-billion cloud opportunity.

"We are always evaluating newlocations. We have AWS. We started it long time ago and it has grown into avery large business, separate from our consumer business we are building newdata centres and are looking where we should put them and evaluating these inIndia as well," Bezos had said.

For Amazon, which launched its marketplace in India last year, India is oneof its fastest growing markets and is on track to touch USD 1 billion in grosssales. Bezos had said the pace at which Internet penetration was increasing inIndia was stunning and that was one of the tailwinds for the growth ofe-commerce. "India is unbelievably energising; the people are focused onlearning and extremely inventive," he had said.

(CNBC)

 

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