06/02/2021 09:35 PM | Click to read full article
“I predict that the 21st century is going to be the Indian century. The dynamism, the energy… everywhere I go here, I meet people who are working in self-improvement and growth. This country has something special, democracy,” Bezos had said during his India visit last year.
Indeed, only 7 per cent of the $1.2-trillion retail market is online, and Amazon and its rivals including Walmart-owned Flipkart and Reliance’s JioMart are aggressively eyeing the remaining 93 per cent.