menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Amazon to ...
source image

ISN

3w

read

308

img
dot

Image Credit: ISN

Amazon to invest $233 million to enhance India operations network

  • Amazon India to invest $233 million in enhancing logistics and operations infrastructure to accelerate delivery speeds and service reliability.
  • The investment aims to fortify fulfilment, sortation, and last-mile delivery capabilities in urban markets.
  • This move comes amid increased competition and a slowdown in India's digital retail sector.
  • Abhinav Singh, VP-Operations at Amazon India and Australia, highlighted the commitment to expanding and upgrading operations.
  • Amazon recently piloted its 10-minute delivery service 'Now' in Bengaluru and plans to expand to Delhi-NCR and Mumbai.
  • India's e-tail market growth decelerated to 10–12% in 2024, down from over 20% in previous years.
  • Amazon India reported a 14% increase in operating revenue in fiscal year 2024, reaching Rs 25,406 crore.
  • Investments extend to technology enhancements, workforce initiatives, and employee welfare programs.
  • The company is focused on improving delivery personnel app transparency, navigation efficiency, and employee welfare like promoting helmet usage.
  • Programs such as 'Samridhi,' 'Ashray,' and 'Sushruta' aim to provide financial assistance, rest points, and healthcare support.
  • A health check-up campaign is expected to benefit 80,000 delivery associates by year-end.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app