Amazon’s investmet in India

Amazon has invested $5 bilion in the Indian market. Recently it got approval from the Indian government to invest an additional of $ 500 million for the food retail business here, and is also planing to launch a private label for its business. It also got its approval to expand its authorized share capital last month.The company has earlier invested a sum of 270 crore in logistics business here along with investing in payments business.

A New Business approval  

The fresh capital investment will help the company to meet new demands  for this festive season,  especially for  prime deliveries. It  launched its popular subscription service prime last year in India at much cheaper rate than in the United states.