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Amazon Announces Launch of New Fulfilment Centre in Maharashtra

With this, amazon.in now has storage capacity of more than 6 million cubic feet across 14 fulfilment centres in Maharashtra, the company said

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Amazon, Fulfilment Centre, Maharashtra
The new fulfilment centre has added over 1.5 million cubic feet storage space and will enable faster deliveries of customer orders within the region and neighbouring states. Pixabay

Expanding its infrastructure footprint in Maharashtra, e-commerce major Amazon announced the launch of new fulfilment centre near Bhiwandi, here on Tuesday.

“The new fulfilment centre has added over 1.5 million cubic feet storage space and will enable faster deliveries of customer orders within the region and neighbouring states. With this, amazon.in now has storage capacity of more than 6 million cubic feet across 14 fulfilment centres in Maharashtra,” the company said in a statement.

Amazon, Fulfilment Centre, Maharashtra
Expanding its infrastructure footprint in Maharashtra, e-commerce major Amazon announced the launch of new fulfilment centre near Bhiwandi, here on Tuesday. Flickr

Amazon India plans to have more than 50 fulfilment centres in 13 states with a combined storage space of around 25 million cubic feet by the end of 2019.

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The new fulfilment centre will cater to customer demand for products like smartphones, consumer electronics, appliances, fashion and FMCG products. (IANS)

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Amazon To Empower SMBs in India By Exporting Products Worth $10bn

According to Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, SMBs in India account for 45 per cent of industrial output, creating employment for 60 million Indians and roughly 1.3 million jobs annually

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Amazon
Amazon wants to make sure that the current perception of the company among the small businesses go away, else this will further call for strict scrutiny from the regulators and protests from small traders. VOA

$1 billion commitment by Amazon to empower small and medium businesses (SMBs) in India is Jeff Bezos’ attempt to change the e-commerce giant’s perception among small businesses which are in a retaliatory mode, industry experts said on Wednesday.

Bezos announced that the e-commerce major, through its global footprint, will help SMBs export products worth $10 billion by 2025. This move is seen as a measure to calm the growing unrest and protests going on under the aegis of the Confederation of All India Traders (CAIT).

“Amazon wants to make sure that the current perception of the company among the small businesses go away, else this will further call for strict scrutiny from the regulators and protests from small traders,” Satish Meena, Senior Forecast Analyst with Forrester, told IANS.

Over the next five years, Amazon will invest $1 billion to digitise micro and small businesses in cities, towns and villages across India, helping them reach more customers than ever before, announced Bezos.

According to Meena, this is in line with what Amazon is planning to do in India for the next few years.

“They need partnerships with SMBs for products to cater not only to the Indian customers, but also to customers outside the country,” he said. Amazon said it would establish ‘Digital Haats’ in 100 cities and villages to help businesses integrate into the digital economy.

According to Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, SMBs in India account for 45 per cent of industrial output, creating employment for 60 million Indians and roughly 1.3 million jobs annually. “The SMBs, however, are constrained by multiple challenges, including access to skills, talent, finance, and most importantly, digital outreach,” Ram told IANS.

Amazon
$1 billion commitment by Amazon to empower small and medium businesses (SMBs) in India is Jeff Bezos’ attempt to change the e-commerce giant’s perception among small businesses which are in a retaliatory mode, industry experts said on Wednesday. Pixabay

“This is where SMB-centric initiatives, such as Amazon’s commitment, are a welcome initiative to digitally support SMBs, enabling them to gain knowledge, reach their target audience, achieve scale, and while doing so, be able to measure their growth metrics,” Ram said.

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In the end, added Meena, SMBs in India also need handholding in product development, capital investment and access to market. (IANS)