Amazon’s (NASDAQ: AMZN) Love For India Has Grown To $5 Billion

Amazon Chief executive Jeff Bezos sees “huge potential” in India, the company’s fastest-growing region.

The online retailer who already has invested $2 billion into the country has increased its investment by another $3 billion.
Amazon announced its initial $2bn investment in India in 2014 and currently employs 45,000 people there.

In 2014, Amazon said India was on track to become its “fastest country ever” to achieve $1bn in gross sales.

“We have already created some 45,000 jobs and continue to see huge potential in the Indian economy,” he told the US-India Business Council’s leadership summit.

“Our Amazon.in team is surpassing even our most ambitious planned milestones.”

Disclaimer: We have no position in Amazon.com Inc. (NASDAQ: AMZN) and have not been compensated for this article.

Sofia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.

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