Amazon to invest $233 million in India to expand operations infrastructure, improve tech

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Amazon will invest more than 20 billion rupees ($233 million) in India in 2025 to expand and update its operations infrastructure, develop new technology for its fulfilment network and improve delivery safety, it said on Thursday.

The investment builds on top of Amazon’s prior investments for the creation of an operations network to deliver to all serviceable pin-codes in the country, it added.

In June 2023, the e-commerce major – which competes with Walmart‘s Flipkart and billionaire Mukesh Ambani’s Reliance Retail in India – had said it will take…



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Amazon to invest $233 million in India to expand operations infrastructure, improve tech


Amazon will invest more than 20 billion rupees ($233 million) in India in 2025 to expand and update its operations infrastructure, develop new technology for its fulfilment network and improve delivery safety, it said on Thursday.

The investment builds on top of Amazon’s prior investments for the creation of an operations network to deliver to all serviceable pin-codes in the country, it added.

In June 2023, the e-commerce major – which competes with Walmart‘s Flipkart and billionaire Mukesh Ambani’s Reliance Retail in India – had said it will take…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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