The 21st century is Indian century, says Jeff Bezos

Hailing India's democracy, Amazon CEO Jeff Bezos said he predicts that the '21st century going to be the Indian century'. "“The dynamism, the energy, the people are interested in self-improvement, in growth. This country has something special - it is democracy."

He added that India and the United States -- the world's largest democracy and the world's oldest democracy -- would be the 21st century's most important alliance.

Bezos was speaking at Amazon Smbhav event for small and medium enterprises (SMEs) in Delhi.

The e-commerce mogul announced doubling down on the company's belief in India and promised to use its global footprint to export from the country. "We will invest $1 billion in digitising small and medium businesses and export $10 billion worth of 'Make in India' goods by 2025," he stated.

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