American e-commerce giant Amazon's chief Jeff Bezos arrived at India on Tuesday afternoon and one of the first places he visited was New Delhi's Raj Ghat. There he paid homage to Mahatma Gandhi at the Gandhi memorial. Bezos took to Twitter to share the video of his visit.
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
Jeff Bezos is likely to meet Prime Minister Narendra Modi and top government officials, besides industry leaders, according to reports. The top executive will also attend SMBhav an event focussing on small and medium businesses in India - that is slated for January 15-16 in the capital city. Bezos is likely to discuss regulatory issues in his meeting with the government officials.
Amazon, which has seen significant growth in its business in India, has also witnessed protests from a section of traders in the country who claim that e-commerce giants including Amazon and Walmart-owned Flipkart offer deep discounts and engage in unfair business practices. Last year, the government had tightened rules for e-commerce marketplaces with foreign investment. These rules barred such platforms from offering products of sellers in which they hold a stake and banned exclusive marketing arrangements among other clauses. Following this, Amazon restructured its joint ventures to ensure compliance.