World's richest man announces investment of Rs 7,000 crore in India

World’s richest man announces investment of Rs 7,000 crore in India

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new Delhi. The world’s leading e-commerce company Amazon has announced an investment of one billion dollars (Rs 7,000 crore) on digitizing India’s small and medium enterprises (SMBs). Jeff Bezos, the world’s richest and CEO of Amazon, made this announcement while addressing the Amazon Sambhav Conference on Small and Medium Enterprises here on Wednesday. Bezos said the company will export $10 billion worth of ‘Make in India’ products by 2025 through its global reach. In this two-day conference, it will be discussed how small and medium enterprises can be made technology conscious.

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Bezos also said that the Indo-US alliance will be the most important in the 21st century. Bezos will be on a visit to India this week. He will meet with top government officials, industrialists and SMB entrepreneurs.

richest in the world

Amazon founder Jeff Bezos has a net worth of $ 11600 million (about Rs 8.23 ​​lakh crore). Last year, Microsoft founder Bill Gates overtook Jeff Bezos in terms of wealth. However, due to the rise in Amazon’s stock, Jeff Bezos has again become the richest person in the world.

Company started in 1994: Jeff Bezos founded his company in July 1994 and started it in 1995. At first Bezos wanted to name it Kedebra.com, but after 3 months he changed its name to Amazon.com.

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Name of the company named after the Amazon river: He chose the name of the world’s largest river Amazon because he wanted to become the world’s largest online book seller company. His website started as an online bookstore but later went on to sell DVDs, software, electronics, clothing as well.

Also read:- Jeff Bezos, who has assets of Rs 8.29 lakh crore, started Amazon like this

Tags: Amazon, Jeff Bezos

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