Published
May 31, 2018
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Amazon to continue with India investments, plans to bring 100 million Indians online

Published
May 31, 2018

E-commerce giant Amazon, which completed five years in the Indian market, has said that it will continue investing in the country to develop its technology and infrastructure.
 

Amazon to continue with India investments, plans to bring 100 million Indians online - Reuters


The company is planning to disrupt the e-commerce industry as it looks to acquire 100 million customers and also strengthen its seller base to cater to its growing customer base.
 
"Our vision remains that we want to transform how India buys. Customers care about access to selection at great value and convenience. Going ahead, I feel very confident that we will be able to do three things -- we will enable the next 100 million Indians to essentially find, discover and aspire with us," Amazon India head Amit Agarwal was quoted as saying by news agency PTI.

Agarwal said, “Amazon in India will continue to invest in building technology and infrastructure to make its services more accessible for customers, apart from ensuring that its platform is accessible to all.”
 
“The company's efforts are also directed towards strengthening its 'Prime' offering and helping Indian SMEs become global brands. We have been investing in areas like skilling SMEs to expand the selection of products on its platform, building infrastructure through warehouses and enhancing the customer experience,” he added.
 
Amazon has invested heavily in its India operations, which has contributed to a rise in global business losses, but the company has reported great progress in the country over the last five years.

It has over 3 lakh sellers on its platform out of which, 32,000 Indian sellers are part of its Global Selling Programme.

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