Jeff Bezos makes mega million jobs promise in India
BENGALURU [Maha Media]: Amazon.com Inc said on Friday it planned to create 1 million jobs in India by 2025, a day after the country’s trade minister said the e-commerce giant’s recently unveiled $1 billion investment in the country was no big favour. Amazon and Walmart’s Flipkart are facing mounting criticism from India’s brick-and-mortar retailers, which accuse the U.S. giants of violating Indian law by racking up billions of dollars in losses to fund deep discounts and discriminating against small sellers. The companies deny the allegations.
Amazon said it would create new jobs in India through investments in infrastructure, technology, and logistics. “We are investing to create a million new jobs here in India over the next five years,” Amazon Chief Executive Officer Jeff Bezos said in a statement.