Chinese online retail giant Alibaba group's founder-chairman Jack Ma has recently advised India to focus on'globalisation,rather than Americanisation.
Chinese online retail giant Alibaba group's founder-chairman Jack Ma has recently adviced India to focus on'globalisation,' rather than 'Americanisation,' the English teacher-turned-entrepreneur said during his meeting with Prime Minister Narendra Modi.
The 50-year-old tycoon, who is worth an estimated $30 billion (Rs 1.9 lakh crore) and was making his second visit to the country in the last four months, has pledged to invest more in Asia's third largest economy. The visit comes just three months after Alibaba affiliate Ant Financial led a $575 million round in mobile internet firm One97 Communications.
Expreesing views, Alibaba group's founder-chairman Jack Ma said:"It was a good meeting with the PM, and the chat was largely centred on how India can promote its huge MSME segment with the help of ecommerce."
Also, it was about enhancing and then linking the handicrafts industry through online channels," said a ministry source, adding that mobile telephony was discussed. Modi himself tweeted, saying he "had a very good meeting with Mr Jack Ma.
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