Amazon India Invests $120 Million to Propel Manufacturing and AI Startups
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- Amazon India invests $120 million to support Indian manufacturing and AI startups.
- Announcement made at Amazon's Smbhav summit in New Delhi under Naye India ki Nayi Raftaar.
- Smbhav Fund grows to $350 million to digitize consumer goods manufacturing.
- Fund supports Viksit Bharat vision to transform India by 2047.
- AWS selected seven Indian AI startups for accelerator program with $1 million credits.
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