Amazon will invest $1 billion said
Jeff Bezos to
help the 10 million small and medium business in India sell online amid nationwide
protests by neighborhood shopkeepers against his visit and the
competition watchdog ordering a probe into e-commerce platforms.
Earlier Darren Huston remain bullish on online travel. He said We’re preserving our margins. And we continue to be very bullish about online travel and the outlook for various brands around the world.
Amazon,
which has invested more than $5 billion in India since 2013, said its
latest programme will help SMBs to take part in India’s rapidly growing
e-commerce and that it hopes to export locally made goods worth $10
billion by 2025.
Now,
Amazon plans to set up 100 Digital Haats nationwide as part of the
digitisation of 10 million SMBs to enable them sell online in the next
five years.
Amazon executives said the programme will help SMBs learn to
use online tools to sell on e-commerce platforms.
