Amazon will export $10 billion Make in India goods by 2025, says Jeff Bezos
New Delhi: Amazon.com Inc founder Jeff Bezos on Wednesday said his company will use its global footprint to export $10 bln worth of Make in India goods by 2025.
In a chat with Amazon India country head Amit Agrawal on the first of the two-day summit for small and medium enterprises (SMEs) Smbhav organised by Amazon in the national capital, Bezos said the global online retailer will invest $1 billion in digitising India’s small and medium businesses.
The announcement is significant as the retailer is battling protests by small and medium businesses that have accused the company of unfair trade practices, including use of deep discounts and giving preference to select sellers to capture market share.