Amazon expands commitment to ‘Viksit Bharat’ at Smbhav Summit

Srinagar, Dec 10: At its fifth annual Smbhav Summit, Amazon announced significant initiatives to support India’s economic growth. The company signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade (DPIIT), earmarking $120 million from its Smbhav Venture Fund to invest in manufacturing startups.