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

MumbaiUniversity of Bristol Chooses Mumbai for Its First Overseas Campus, Set to Open in September 2026

NationalRaksha Bandhan 2025: Now You Can Send a Rakhi to Your Brother in India Post's Waterproof Envelope — Here's How to Track Your Parcel

NationalGold in Dubai Cheaper Than India: Pricing, Rules, and Import Limits Explained

National“Made-in-India” Weapons Still Keeping Terrorists’ Masters Awake at Night: PM Modi

NationalIndia Spends ₹1.38 Lakh Crore Annually on Edible Oil Imports

कारोबार Realted Stories

BusinessIndiGo bans passenger for slapping co-traveller on Mumbai-Kolkata flight

BusinessED Makes First Arrest in Rs 3,000-Crore Anil Ambani Loan Fraud Case

BusinessMahindra & Mahindra buys 59 pc stake in SML Isuzu for Rs 555 crore

BusinessFederal Bank's Q1 net profit falls 15 pc on higher provisions

BusinessIndia's domestic demand shields economy from tariff impact: BoB Chief Economist