Amazon to invest $15bn more in India

NEW DELHI: E-commerce giant Amazon on Saturday announced it plans to invest an additional $15 billion in India, taking its total investment in the country to $26 billion. The announcement was made by Amazon CEO Andy Jassy, who met Indian Prime Minister Narendra Modi in Washington on Friday. Indian Prime Minister's Office on Saturday said Modi and Jassy held discussions on the area of e-commerce and also discussed the potential of further collaboration with Amazon in the logistics sector in India. "Prime Minister welcomed Amazon's initiative of promoting digitisation of Micro, Small and Medium Enterprises (MSMEs) in India," the PMO in a statement said. By RSS/Xinhua READ ALSO:

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