Amazon Founder & CEO Jeff Bezos announces massive Investment | Govt. Reaction | Impact on India
  • 4 years ago
The world’s richest man #Amazonceojeffbezos “surprised” India. On Jan. 15, #JeffBezosindiavisit made an unannounced appearance at an Amazon event in Delhi, where he said the company would invest $1 billion in India over the next five years, bringing millions of small and midsize local businesses online.Announce #AmazonInvestmentindia of 1 billion USD and said #21centuary belongs to India & Minster #Piyushgoyal reaction to it and protest on his visit covered in this video.
The central government also appeared nonplussed. #Bezos’ trip has included no meetings with ministers or top government officials—many of whom are preparing for upcoming Assembly elections in Delhi—and prime minister #Narendra Modi reportedly refused to meet the Amazon founder.
“They may have put in a billion dollars,” Indian trade minister #PiyushGoyal said at a security conference this week. “But then if they make a loss of a billion dollars every year, then they jolly well have to finance that billion dollars. So it’s not as if they are doing a great favor to India when they invest a billion dollars.”
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