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Why India Will Be Such a Big Boost For Amazon

If there is one company that the millennials and growth investors alike both love dearly, Inc. (NASDAQ: AMZN) would be at the top of the list. Jeff Bezos has been able to deliver massive growth and take on many industries, and he’s been able to do it without ever promising Wall Street analysts that the company would generate massive profits in the near-term.

International markets can be challenging for foreign companies, but there is a fresh view out from Merrill Lynch that Amazon is gaining a stronger and larger foothold in India. The firm’s Justin Post has been examining Amazon’s biggest new opportunities over the next 5 to 10 years. After noting how online groceries could be a hit, Post also points out that Amazon’s opportunity ahead in India could get more visibility with investors.

Post also wrote some of the opportunities in an overlap with the Merrill Lynch India Internet team. As far as what to expect from Amazon’s investment in India, the report said:

India is a potentially large eCommerce opportunity where competitive dynamics and market share is still in flux. Amazon has suggested that India could become its second largest market and plans to invest $5 billion in its India business. While there is no stated timeframe for the spend...