The e-commerce giant announced Tuesday it will invest an additional $3 billion into its India operations, bringing its total investment in the country to $5 billion.
"You hear U.S. industrials talking about the opportunities in India and clearly India has replaced China," Tim Seymour, managing partner of Triogem Asset Management, said in an interview with CNBC's "Power Lunch."
He thinks it is a story that is only getting better.
"Inflation in India hasn't really structurally been this low ever. If there's one country in the world that benefits the most from low-commodity prices, it's arguably India. They are growing industrially."