City
Epaper

Jeff Bezos: I fall in love with India every time I return here

By IANS | Updated: January 17, 2020 18:52 IST

Amazon Founder and CEO Jeff Bezos on Friday posted a note on the company's e-commerce website Amazon India, saying "he falls in love with India every time he returns here", a day after Commerce and Industry Minister Piyush Goyal snubbed him during a public event.

Open in App

"I fall in love with India every time I return here. The boundless energy, innovation and grit of the Indian people always inspire me," Bezos wrote in the letter while mentioning Amazon's investment in the Indian economy and that the firm is aiming to create 10 lakh new jobs by 2025.

Those visiting the website for the first time on Friday January 17 are likely to be greeted with a full page letter by Bezos that is meant for its customers, sellers and partners.

Bezos, in the letter, adds how more than 550,000 small and medium businesses (SMBs) in India are using Amazon as a platform to offer millions of products.

The new expected jobs are on top of the 700,000 jobs Amazon has already created in the country since 2013, the company said in a statement.

The job announcement came after Prime Minister Narendra Modi gave a cold shoulder to the world's richest man who has an estimated net worth of $117 billion, by not meeting him.

On Thursday, Goyal not only ticked off Bezos saying that they are not doing India a favour by investing a billion dollars, but also raised concerns if its losses were a result of predatory pricing and if Amazon and Flipkart were gaining entry into multi-brand retail by using loopholes.

More importantly, alluding to the $1 billion investment announced by Bezos in India, Goyal had a different take.

"(If) they have made a loss of a billion dollars then they jolly well have to finance the billion dollars. So, it is not as if they are doing a great favour to India when they invest a billion dollars," the minister said at the Raisina Dialogue.

( With inputs from IANS )

Tags: indiaBezosamazonGoyalNarendra Modi
Open in App

Related Stories

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

NationalPM e-Drive Scheme: Know How to Apply Subsidy for Electric Two-Wheelers in Just 5 Days

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

कारोबार Realted Stories

Business75 pc of Indian businesses localise data as AI becomes core to strategy: Report

BusinessExide Industries Q4 net profit falls 11 pc to Rs 254.6 crore

BusinessPunjab starts first-of-its-kind B.Tech program

BusinessGoyal holds talks in Oslo to strengthen India-Norway trade & investment ties

BusinessDigital Land Records in India: Meebhoomi, AnyROR, MP Bhulekh, and UP Bhulekh