Bezos announces $1 billion expansion in India; local business owners call him "Economic Terrorist"

[Stevicus]

Indian business owners are furious about Amazon's $1 billion expansion into their country and are calling Jeff Bezos an 'economic terrorist'

Amazon's planned $1 billion investment in India has not been met with open arms.

On Wednesday, CEO Jeff Bezos announced that the e-commerce giant wants to put money into "digitizing small and medium businesses" and said that, in the 21st century, "the most important alliance is going to be the alliance between India and the United States."

However, small business owners in India don't seem to think that alliance should involve Amazon, and thousands took to the streets this week in protest. Sumit Agarwal of the Confederation of All India Traders (CAIT) said demonstrations were planned in as many as 300 cities across the country.

Agarwal said in a tweet Amazon will "destroy small retailers" and called Bezos an "economic terrorist."

"Jeff Bezos go back!"

• Small business owners in India are protesting Amazon, saying they won't be able to compete with the steep discounts it offers other suppliers.

• An organizer of the protest said Amazon will "destroy small retailers" and called CEO Jeff Bezos an "economic terrorist."

• The protests coincided with Bezos' trip to India, where he announced on Wednesday that Amazon plans to invest $1 billion in the country, calling a US-India alliance the "most important" of the 21st century.

• Meanwhile, India's antitrust regulator just opened an investigation into potential unfair business practices by Amazon and Walmart-owned online retailer Flipkart.

Well, it seems clear as to why they would want Bezos to go back, but what if we don't want him to come back?

 

[Audie]

Indian business owners are furious about Amazon's $1 billion expansion into their country and are calling Jeff Bezos an 'economic terrorist'



"Jeff Bezos go back!"

Well, it seems clear as to why they would want Bezos to go back, but what if we don't want him to come back?

"We"?

 

[Stevicus]

"We"?

Yes, "we," as in "We The People."

 

[Nakosis]

Yes, "we," as in "We The People."

The man who styles himself as the heroic Jean-Luc Picard has built a business that better resembles Picard’s archenemy, the Borg, which informs its victims, You will be assimilated and Resistance is futile.
Jeff Bezos’s Master Plan

 

[Aupmanyav]

India expansion is the biggest opportunity for Bezos, and the Indian Prime Minister would not be averse to it. 1350 million people and a burgeoning middle-class. We will make rules to satisfy both sides.