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Amazon’s $3bn Plan for India Goes beyond Ecommerce

Amazon will invest $3 billion in India, its CEO Jeff Bezos said at an event in Washington DC attended by Indian Prime Minister Narendra Modi. Reuters said that would bring Amazon’s committed investment in India to over $5 billion.

However, it’s not all about ecommerce. Bezos revealed Amazon’s plans to open a Web Services Cloud Region in India this year and said its largest software engineering and development center outside of the US would be located in Hyderabad, Inida, promising jobs for thousands of people.

Bezos also revealed that Amazon had built 21 fulfillment centers in India with over 5 million cubic feet of storage space, Reuters reported. “He said its link-up with India Post enabled it to reach all serviceable postal codes in the country.”

Amazon’s not alone in investing in India. US-India Business Council Chairperson John Chambers said members of the council had already invested $28 billion in India since September 2014, with another $45 billion in the pipeline, according to India’s Economic Times.

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.