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

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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 team is surpassing even our most ambitious planned milestones.”

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

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