Udayavni Special

Amazon to create one million jobs in India by 2025: Bezos

Team Udayavani, Jan 17, 2020, 2:56 PM IST

New Delhi: World’s largest online shopping platform Amazon on Friday announced plans to create one million new jobs in India over the next five years as it firefights comments from Commerce Minister Piyush Goyal on the firm not doing a favour to the country by making the investments.

Amazon founder and CEO Jeff Bezos, in a statement on Friday, said the company plans to create one million new jobs in India over the next five years. The new jobs created both directly and indirectly – will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.

These jobs are in addition to the seven lakh jobs Amazon’s investments have enabled over the last six years in the country.

The statement comes a day after Goyal said the US-based company was not doing a favour to the country by the investments, and questioned how the online retailing major could incur such “big” losses but for its predatory pricing.

Bezos, who is in India this week, had on Wednesday announced USD 1 billion (over Rs 7,000 crore) investment in the country to help bring small and medium businesses online and committed to exporting USD 10 billion worth of India-made goods by 2025.

“We’ve seen huge contributions from our employees, extraordinary creativity from the small businesses we’ve partnered with, and great enthusiasm from the customers who shop with us – and we’re excited about what lies ahead,” Bezos said in the statement on Friday.

The company noted that the Indian government has prioritised job creation and skilling initiatives including the training of more than 400 million people by 2022 in rural and urban areas.

Since 2014, Amazon has grown its employee base more than four times, and last year inaugurated its new campus building in Hyderabad Amazon’s first fully-owned campus outside the United States and the largest building globally in terms of employees (15,000) and space (9.5 acres).

The e-tail giant had previously committed USD 5.5 billion investments in India – Amazon’s most important market outside of the US and a key growth driver.

The investments, Amazon said, will also help in expanding growth opportunities for the more than 5.5 lakh traders and micro, small, and medium-sized businesses including local shops through programs like Saheli, Karigar, and I Have Space.

In a post on the Amazon.in website, Bezos said more than 60,000 businesses are exporting ‘Make in India’ products globally with cumulative exports exceeding USD 1 billion.

“I fall more in love with India every time I return here. The boundless energy, innovation, and the grit of the Indian people always inspire me,” he wrote.

Bezos’ visit has been marked by Competition Commission of India initiating a formal investigation into alleged deep discounts, preferential listing and exclusionary tactics adopted by Amazon and Walmart-owned Flipkart. Many store owners, led by traders’ body Confederation of All India Traders, had also organised protests in 300 cities against online retailers alleging that these e-commerce companies were violating FDI rules and following predatory pricing in India.

Last year, the government had tightened rules for e-commerce marketplaces with foreign investment. These rules barred such platforms from offering products of sellers in which they hold a stake and banned exclusive marketing arrangements among other clauses. Following this, Amazon restructured its joint ventures to ensure compliance.

The government has asserted that e-commerce companies have to follow Indian rules in letter and spirit and not find loopholes to make a back-door entry into multi-brand retail segment.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

HC raps JNU for apathy towards students, faculty requests for COVID care facilities on campus

Chhota Rajan returns to Tihar after recovering from COVID

Indira canteens within BBMP limits to provide free food packets to needy from May 12 to 24

Karnataka to float global tender for vaccine procurement

Oxygen produced in Karnataka should be distributed within the state: K Sudhakar

India might see ‘serious livelihood crisis’, says economist Jean Dreze

1971 war veteran Sqn Ldr Anil Bhalla (Retd) no more

Related Articles More

Flipkart to add 8 lakh sq ft warehousing space to strengthen grocery infrastructure

Sensex tanks over 450 pts in early trade; Nifty slips below 14,800

Sebi comes out with new proposal for segregation, monitoring of collateral at client level

Snapdeal launches Sanjeevani app to connect COVID patients with potential plasma donors

Ola to start doorstep delivery of oxygen concentrators to consumers


Falcon Club​ provide free Ambulance​ service to Covid​ infected

Local off-roader team pulls up pickup vehicle that toppled in the middle of the road

People didn’t take vaccine when we asked them to

Udayavani 11 -May -2021 News Bulletin

Karnataka’s first oxygen express to reach Whitefield

Latest Additions

Oxygen concentrator case: ”Khan Chacha” owner Navneet Kalra fails to get protection from arrest

After spat with BJP MP, Pappu Yadav arrested for defying lockdown

HC raps JNU for apathy towards students, faculty requests for COVID care facilities on campus

Chhota Rajan returns to Tihar after recovering from COVID-19

Chhota Rajan returns to Tihar after recovering from COVID

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.