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Amazon to continue investing in India amid feud with Reliance
Updated On: 30 October, 2020 05:16 PM IST | New Delhi | IANS
Amazon has invested $5 billion in India and in January this year, Bezos said the company will invest another $1 billion to empower 10 million Indian small and medium businesses (SMBs)
Jeff Bezos. Pic/AFP
As the face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Amazon continues, the Jeff Bezos-run global e-commerce behemoth has said that it will continue to invest in India where the company has witnessed robust growth.
In a conference call with analysts after announcing its Q3 2020 results, Brian Olsavsky, Senior Vice President and Chief Financial Officer at Amazon, said that the company's commitment to invest in India despite the pandemic is on track.
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