Amazon to invest $35B in India
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The e-commerce giant said the new investment will support its efforts to digitize small businesses and strengthen its logistics and operations footprint in India.
Amazon has invested $40 billion in India so far, helping small businesses digitalize their operations and enabling $20 billion in ecommerce exports.
Samir Kumar told Moneycontrol that Amazon’s edge in India will come from vast selection delivered at multiple speed points.
Global tech giants including Amazon, Microsoft and Google unveil massive AI and cloud investments in India, betting big on the country’s digital expansion.