Amazon or Flipkart, Either Way India Wins
by Letters 4 the Damned
With half of India’s population lacking bank accounts and a consumer class consisting of approximately 300 million people, India poses many challengers for investors. However, that has not stopped Amazon or Flipkart from investing further.
India’s population is the second highest in the world and Amazon Founder and CEO, Jeff Bezos, sees enormous potential for its economy. “At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross sales, we’ve never seen anything like it.”
Full Article @: Amazon or Flipkart, Either Way India Wins Borgen Magazine