Amazon has become an e-commerce giant. It started off as
an platform to purchase books. Today it has stakes in various platforms. E-commerce
and technology major Amazon will soon start manufacturing its electronics
products including the 'Fire TV' stick in India.
After a virtual conversation with Amit Agarwal, Global Senior Vice President of
Amazon and Country Head for India and Chetan Krishnaswamy, Vice President,
Public Policy of Amazon India on Wednesday, the Union Minister for Electronics
and IT, Ravi Shankar Prasad took to Twitter and the homegrown social media
platform Koo, to make the announcement.
"Held a very good conversation with @AmitAgarwal and @Chetankrishna of
@amazonIN today. Delighted to share that soon Amazon will commence
manufacturing of electronics products like FireTV stick in India," Prasad
said.
Further, Amazon also has announced its plans to begin manufacturing Amazon
Devices in India. In a blogpost, the company said that it will commence its
manufacturing efforts with contract manufacturer Cloud Network Technology, a
subsidiary of Foxconn in Chennai and start production later this year.
As per the blog, the device manufacturing programme will be able to produce
hundreds of thousands of Fire TV Stick devices every year. Amazon will
continuously evaluate scaling capacity to additional marketplaces or cities
depending on the domestic demand, it added.
The minister during his conservation with the Amazon India executives also
asked them to help in taking products made by India's artisans and Ayurvedic
products to global markets through e-commerce.
"@amazon is a global company but Amazon India must evolve as a truly
Indian company deeply connected with Indian business community and
culture," Prasad tweeted.
Another tweet by the minister also said that the Ministry of IT is setting up
several digital villages and Amazon India can pick up a few villages in India and
develop them as fully digital villages. Amazon should also work with small
local shops and make them a stakeholder in the larger efforts of Amazon to grow
its business, he added.
Agarwal said that Amazon is committed to partner with the Indian government to
advance the vision of an 'Atmanirbhar Bharat'.
"Amazon is committed to partner with the Indian government to advance the
vision of an Aatmanirbhar Bharat. We have pledged to invest US $1 billion to
digitize 10 million small and medium businesses, help Indian businesses sell
worldwide thereby enabling US $10B in cumulative exports, and create an
additional 1MM jobs by 2025," he said.
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