January 14, 2020 10:39:35 pm
Amazon’s founder and chief executive Jeff Bezos arrived in India Tuesday and paid his respects to Mahatma Gandhi at Raj Ghat in New Delhi. This is his first visit to the country in more than five years.
“Just landed in India and spent a beautiful afternoon paying my respects to someone who truly changed the world,” Bezos said in a tweet.
Just landed in India and spent a beautiful afternoon paying my respects to someone who truly changed the world. “Live as if you were to die tomorrow. Learn as if you were to live forever.” – Mahatma Gandhi. pic.twitter.com/xDXAT9cBgf
— Jeff Bezos (@JeffBezos) January 14, 2020
Bezos was welcomed with a new antitrust case. The Competition Commission of India (CCI) on Monday ordered an investigation into alleged malpractices by Flipkart and Amazon India as far as the issue of deep discounting and practice of preferred sellers of mobile phones by both the retailers was concerned.
The anti-trust body ordered the probe on a complaint by Delhi Vyapar Mahasangh, a micro, small and medium scale enterprise (MSME) body, which alleged that both the retailers were engaged in deep discounting and preferred selling of mobile phones and related accessories “which have led to a foreclosure of other non-preferred traders or sellers from these online marketplaces”.
Amazon has committed $5.5 billion in India investments, while Walmart in 2018 pumped in $16 billion to buy a majority stake in Flipkart, its biggest deal.
On Wednesday, he is expected to discuss opportunities for small businesses on Amazon at a conference in New Delhi. He is also expected to meet Modi and plans to travel to Mumbai.
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