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Amazon to invest $35 bn in India; opens new office in Bengaluru

The minister pointed out that Karnataka has an annual per capita income of over Rs 3.80 lakh, ranking highest in the country

Agencies

BENGALURU: Karnataka Minister for Large and Medium Industries MB Patil on Monday inaugurated Amazon’s newly constructed, fully equipped 11 lakh sq ft corporate office near Yelahanka here.

He said this is Amazon’s 10th corporate office in the state. The company, which has shared a two-decade association with Karnataka, plans to invest 35 billion dollars in India over the next four years.

“This investment is expected to support 15 million small businesses and generate lakhs of employment opportunities. Karnataka will receive a significant share of this investment,” Patil said after inaugurating the new office here.

The minister pointed out that Karnataka has an annual per capita income of over Rs 3.80 lakh, ranking highest in the country.

According to him, the State also stands second in annual GST contributions to the national exchequer, contributing Rs 1.6 lakh crore. Bengaluru has climbed to the 21st position globally in the Global Innovation Index and is the only Indian city to feature among the top 30 in the Tech-Cities Index.

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