Jeff Bezos to take SMEs global

DC CORRESPONDENT
Published Oct 2, 2014, 9:00 am IST
Updated Mar 31, 2019, 12:22 am IST
Amazon considers setting up of data centre in India
Amazon.com founder and CEO Jeff Bezos (left) shakes hands with Kiran Karnik, former president of Indian IT industry body Nasscom at a Ficci meeting in New Delhi on Wednesday (Photo: PTI)
 Amazon.com founder and CEO Jeff Bezos (left) shakes hands with Kiran Karnik, former president of Indian IT industry body Nasscom at a Ficci meeting in New Delhi on Wednesday (Photo: PTI)
New Delhi: Jeff Bezos, the founder and chief executive of world’s largest online retailer Amazon.com Inc, who is betting big on India, said on Wednesday that the company is looking to connect Indian SMEs with the global market. His advise for Indian small businesses was, “don’t be intimidated by the internet, lean into the future and get hooked to the digital platform.”  
 
On drones which Amazon is testing to make deliveries in future, Mr Bezos said that the biggest challenge will be regulatory (the government) than the technology itself.
“The vision is to give Indian SMEs distribution globally so they should be able to reach any customer anywhere in the world with their inventory,” Mr  Bezos said at an interactive session with former Nasscom president Kiran Karnik at Ficci. 
 
He said that SMEs don’t have the type of money to spend on marketing and distribution and this is where Amazon helps them. “This is really good opportunity to jump straight to the global audiences using the power of the technology,” said Mr Bezos. He said that the company is evaluating setting up a data centre in India to tap into the multi-billion cloud opportunity in India. 
 
Amazon, which offers cloud services under Amazon Web Services (AWS), is looking to aggressively expand its foothold in the Indian market, which has players like Google and IBM also offering similar services.Amazon launched its India operation Amazon.in last year to capture multi-billion retail market as internet spread in the country expands rapidly. 
In July this year Amazon announced that it will be investing $2 billion into its India business.  
 
Mr Bezos said that the company generally takes a long term views of the market and doesn’t focus on what the competition is doing.
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