Amazon to invest $1 bn and create 1 million jobs in India

Jeff Bezos, Founder,  Amazon.com Inc., three-day visit to India has come to an end. In his visit, Bezos has promised to create a million jobs in India by 2025. “It’s still Day 1,” the American billionaire mentioned in a direct message to “customers, sellers and partners” that was posted on Amazon.in.

A media statement was issued by the American retailer speaking of its plans to create jobs through “continued investments in technology, infrastructure, and its logistics network. The jobs–created both directly and indirectly–will be across industries, including information technology, skill development, content creation, retail, logistics, and manufacturing.”

In addition to the promise of its million job creation, Bezos has promised to invest $1 billion in India that will help small businesses digitise. 

Bezos met top industrialists and businessmen that include Reliance Industries Ltd chairman Mukesh Ambani, Infosys founder Narayana Murthy and Future Group founder Kishore Biyani. Held discussions on business opportunities in India, and India’s retail landscape, according to a person privy to the meeting.

“I fall more in love with India every time I return here. The boundless energy, innovation, and grit of the Indian people always inspire me,” Bezos said.

“I’m excited to share that we will invest an incremental $1 billion to digitize micro and small businesses in cities, towns, and villages across India, helping them reach more customers than ever before. As part of this initiative, we will use Amazon’s global footprint to enable $10 billion in exports of Indian products, to the rest of the world by 2025. Our investments will create an additional million jobs across the country by 2025.”

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HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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