At its fifth annual "Smbhav Summit," Amazon revealed a number of projects on Tuesday. To promote the government's top aim of making India a worldwide center for manufacturing, Amazon and the Department for Promotion of Industry and Internal Trade (DPIIT) inked a Memorandum of Understanding (MoU) during the summit. Amazon has invested $120 million in Indian firms that digitize the production of consumer goods, meeting domestic and international demand and generating thousands of jobs.
At its fifth annual "Smbhav Summit," Amazon revealed a number of projects on Tuesday. To promote the government's top aim of making India a worldwide center for manufacturing, Amazon and the Department for Promotion of Industry and Internal Trade (DPIIT) inked a Memorandum of Understanding (MoU) during the summit. Amazon has invested $120 million in Indian firms that digitize the production of consumer goods, meeting domestic and international demand and generating thousands of jobs.