Amazon to create a million jobs in India: Jeff Bezos

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But his commitment towards creating sustainable growth for the country is here to stay, the CEO said.

Jeff Bezos left India yesterday with out assembly with any minister or prime authorities functionary.

Plans for two hubs have been approved at Amazon in the backdrop of chief executive Jeff Bezos' visit to India. Amazon has denied these allegations and company CEO Jeff Bezos has promised to create more jobs in the country stating: "We are investing to create a million new jobs here in India over the next five years".

". Secondly, they may have put in a billion dollars but then, if they make a loss of a billion dollars every year, they will jolly well have to finance that billion dollars", he replied to a question during a panel discussion at the event.

At the event, hosted in Delhi, Bezos said the plan is to digitally enable small and medium-sized businesses, as well as enterprises and traders in the country.

Millions of Amazon users were on Friday greeted with an open letter after they logged onto the company's website for their daily shopping needs.

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Vijay Chauthaiwale, chief of the Bharatiya Janata Party's (BJP) foreign affairs department, said there was "a lot of problem" with the newspaper's coverage of India, but gave no examples. Union Minister of Commerce and Industry Piyush Goyal said Amazon is not doing India "a great favour" by investing $1 billion in the country, and that the financial losses reported by the e-commerce company raise questions about its business practices here.

That was followed on Friday by a proposal to create 1 million jobs in India by 2025. If we welcome that investment, then we come under the rule. These numbers of openings - the highest compared to other markets in Asia-Pacific - are across Amazon arms like e-commerce, payments and cloud.

CAIT said the minister was also urging small traders to adopt and prepare for future online trading. Responding to widespread complaints, India restricted foreign direct investment in multi-brand retail and this has forced Amazon and Walmart Inc.'s Flipkart, the two biggest e-commerce players in India, to overhaul business models to comply with new rules introduced in December 2018.

Since previous year tensions have been brewing between E commerce companies and Modi government over former's alleged indulgence in predatory pricing and deep discounting, which is evidently causing lot of losses to small traders and brick & mortar shop owners.

In 2016, New Delhi had said foreign-owned e-commerce platforms could operate as marketplaces - facilitating transactions between sellers and consumers - but not sell directly.

Millions of Prime members across India enjoy unlimited free and fast delivery, and ad-free online streaming of blockbuster movies and TV shows, including Amazon Originals such as Mirzapur and The Family Man. Alexa can now speak in Hindi and English seamlessly, and offers more than 30,000 skills from practicing yoga to reciting Panchatantra stories.

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