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Amazon announces $3 billion investment in India
short by Pragya Swastik / on Wednesday, 8 June, 2016
Amazon CEO Jeff Bezos on Tuesday said that the online retailer will invest an additional $3 billion in its Indian arm. The announcement was made in the presence of PM Narendra Modi at the US-India Business Council’s 41st Annual Leadership Summit in Washington DC. Earlier in July 2014, Amazon had announced a $2 billion funding in India.
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