Amazon doing extremely well in India: Jeff Bezos

E-commerce giant Amazon is doing “extremely well” in India, its founder and CEO Jeff Bezos has said while expressing hope for regulatory stability in the country.

Bezos’ remarks came in response to a question on Amazon’s concerns over some Indian policies with regard to digitization.

“Regulatory stability is the thing that we would always hope for India. Whatever the regulations are … they are stable in time and that’s one of the things we’re hoping will now be true. We’ll see,” Bezos, 55, told reporters on the sidelines of his induction into the National Portrait Gallery here on Sunday.