Amazon India has invested in six new fulfillment centers that will be located in the cities of Chennai, Coimbatore, Delhi, Jaipur and Mumbai, in anticipation of business in the upcoming festive season (late August to November). This move takes Amazon's footprint across ten states. Fulfillment by Amazon offers services to help businesses...
Four U.S. Companies Make Big Moves in India
During Prime Minister Modi’s recent visit to the U.S. to address the joint meeting of members of Congress, several U.S. businesses announced investments into the Indian market, reports Huffington Post. Star India, a subsidiary of 21st Century Fox, announced it will invest an additional $5 billion in the country over...
Prime Minister Modi to Address USIBC on June 7
Ahead of his address to the Joint Session of the U.S. Congress on June 8, the Prime Minister of India, Narendra Modi, will address the U.S.-India Business Council’s 41st Annual Leadership Summit in Washington DC. As part of the USIBC annual summit, Modi will also participate in a roundtable with...
Amazon Mumbai Goes Offline for Ecommerce
In Mumbai, India, Amazon has set up Amazon Tatkal a specially designed studio-on-wheels offering a suite of launch services including registration, imaging and cataloguing services, as well as basic seller training. This service will allow Mumbai-based shop keepers to sell products like apparel, electronics, and books, through Amazon.in., reports the...
Amazon India, and Flipkart Beat a New Path to Customers’ Doors
New rules for e-commerce in India framed by the Department of Industrial Policy and Promotion bar any one merchant on sites such as Amazon, Flipkart or Snapdeal from accounting for 25 percent or more of total sales. The rules also stipulate that "e-commerce entities providing marketplace will not directly or...
Amazon: India Will Be its Biggest International Market in a Decade
According to Forbes, Amazon perceives the India e-commerce market as a whole to be an opportunity which will be measured in trillions of dollars, and that India will be its biggest market after the U.S. within a decade. (According to a Goldman Sachs report, the Indian e-commerce market will be...