News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 9 years ago
Rediff.com  » Business » Amazon chief calls on PM

Amazon chief calls on PM

Source: PTI
October 03, 2014 22:11 IST
Get Rediff News in your Inbox:

The chief executive of e-commerce major Amazon, Jeffrey P Bezos, called on Prime Minister Narendra Modi today.

"Jeffrey P. Bezos, President, Chairman and CEO of Amazon.com, called on the Prime Minister, Narendra Modi today," an official release said.

Bezos have been visiting Indian cities this week. Amazon, the world's largest e-tailer has already committed $2 billion investment in the country.

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

"We are always evaluating new locations. We have AWS. We started it long time ago and it has grown into a very large business, separate from our consumer business... we are building new data centres and are looking where we should put them and evaluating these in India as well," Bezos had said.

For Amazon, which launched its marketplace in India last year, India is one of its fastest growing markets and is on track to touch $1 billion in gross sales.

Bezos had said the pace at which Internet penetration was increasing in India was stunning and that was one of the tailwinds for the growth of e-commerce.

"India is unbelievably energising; the people are focused on learning and extremely inventive," he had said.

Photograph: Amazon.com founder and CEO Jeff Bezos attends a launch event.

Image: David Ryder/Getty Images

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!