wordpress blog stats
Connect with us

Hi, what are you looking for?

Amazon to open six more fulfillment centres in India

Amazon India will open six more fulfillment centres (FCs)  in Chennai, Mumbai, Delhi and Jaipur to expand its presence in India and prepare for the upcoming festival season. The FCs will allow Amazon.in to offer its Fulfilment by Amazon (FBA) service to small business in these states. With this, Amazon.in will have 27 fulfillment centres operational across 10 states in India with a total storage capacity of over 7.5 million cubic feet.  Interestingly, Amazon India mentioned that 80% of the sellers used its fulfillment services. For the quarter ended September 2015, Amazon CFO Brian Olsavsky mentioned that 90% of the sellers in Amazon India use the company’s warehouse and logistics services. Amazon continues to be bullish on India, its second largest market after the United States. Amazon CEO Jeff Bezos announced that a further $3 billion (about Rs 20,000 crore) will be invested in its India unit. With this Amazon’s total investment commitment in India goes up to $5 billion; the $3 billion announced now, plus the $2 billion investment announced back in July 2014, which the company has already completed in phases over the past two years. As part of the $3 billion investment, Amazon Web Services launched an infrastructure region in Mumbai served from various data-centres. This is the first region in India and the sixth in the Asia-Pacific(APAC) region. 8k Indian sellers on Global Selling Programmes Amazon, which launched its Global Selling Program for sellers in India in May last year, has over 8,000 sellers from India are selling their products on Amazon’s nine global marketplaces.…

Please subscribe/login to read the full story.
Written By

Free Reads

News

In its submission, the Interior Ministry said the decision to impose a ban was "made in the interest of upholding national security, maintaining public...

News

Among other things, the security requirements include data encryption and regular review and updated access permissions to reflect personnel changes.

News

the NTIA had earlier sought comments on the risks, benefits, and potential policy related to dual-use foundation models for which the model weights are widely...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ