Amazon's Jeff Bezos unveils $2-billion investment in India

Amazon founder Jeff Bezos' India visit might have left rivals upping their ante but for Amazon employees and consumers his visit was entertaining.

On Sunday, Jeff Bezos was seen carrying out a road show in the IT city Banglore,  where he was on a supply truck and showed off the $2-billion cheque, reported a post on Zee News.

Amazon Chief's visit has only one intention-- to trap the Indian customer while focusing on the company's aim to to make it the world’s most customer-centric business.

Earlier in July, Amazon had announced a total of Rs 12,000 crore (USD 2 billion) in the country to expand the business. The new investment follow a day after Flipkart, the major rival in the country for Amazon, announce USD 1 billion for the needs of expansion and funding.

Unlike Flipkart, which has been in India for long, Amazon started off its work later and opened the marketplace in the country last year. The company has seen amazing potential in the Indian economy, and also for the e-commerce sector.

In a press release from the company, Bezos was quoted as saying "After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed our expectations. We see huge potential in the Indian economy and for the growth of e-commerce in India. With this additional investment of $2 billion, our team can continue to think big, innovate, and raise the bar for customers in India."