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Amazon got India’s approval to invest in selling groceries & food


Online retail site Amazon.com Inc has secured approval to stock and sell food and groceries in India, potentially expanding its business in the fast-growing economy. as per source Amazon planned to invest $500 million in the food segment, over and above the $5 billion and it had already committed to investing in India.


Currently they are offering food products in India via Amazon Pantry,It also offers same-day grocery delivery on its app through a tie-up with Indian retailers Big Bazaar, Star Bazaar and Hypercity.

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