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Amazon CEO Jeff Bezos calls on Modi

Fri, Oct 03, 2014, 09:08 PM
New Delhi, Oct 3 : Jeffrey P. Bezos, chief executive officer of Amazon.com, Friday met Prime Minister Narendra Modi, an official statement said.

Bezos, who is in India for a visit, had earlier termed India an amazing country, which is full of opportunities and boasts of people who are hard-working, vibrant and have a zest to succeed.

Amazon has high expectations from its Indian operations, he noted.

"People feel that we are in India for the last one year.. we started a software development office in Bangalore 10 years ago. In the last one year the local team is doing shockingly, stunningly well. We are open for a year and we have very high expectations," he said in a conversation with former Nasscom president Kiran Karnik at an event organised by the Federation of Indian Chamber of Commerce and Industry.

The US-based Amazon recently said it was investing $2 billion in India's e-commerce space. With 243 million Internet users, India's e-commerce industry is growing at 38 percent year-on-year.

"With this additional investment of $2 billion, Amazon team can continue to think big, innovate and raise the bar for customers in India. At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross sales," said Bezos.

"What is stunning about India is the speed at which it is growing and that is one of the tailwinds for the growth of e-commerce," he said, adding that "India is unbelievably energising; the people are focused on learning and extremely inventive."
Agency: IANS
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