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MSMes digitization: Amazon to invest $1 billion in India for that

Nabanita Dutta

News Editor
Image Credit: shortpedia

US-based e-commerce giant Amazon is going to invest $1 billion to digitize 10 million traders and micro, medium and small enterprises in India. The investment is a part of Amazon’s expansion plan for India over the next 5 years and the team is developing new ideas and plans for that. By 2025, Amazon will enable $10 billion in cumulative exports from India, Amazon CEO Jeff Bezos said during his latest visit to India.