Amazon to Infuse ₹2k Cr to Boost Pan-India Ops

Amazon will invest over ₹2,000 crore in 2025 to scale up its all-India operations network, the e-commerce giant said on Thursday.

- Press Trust of India

NEW DELHI:

Investments will support network expansion and upgrades to serve customers faster and more reliably, advance technology and innovation, and improve employee and associate well-being, Amazon said in a release.

The investment announcement comes at a time when India's e-commerce market is booming, fueled by broadband penetration, affordable smartphones, digital payments, increasing spends from affluent and middle-class households, as well as a mobile-first, digitally-charged younger population. Companies like Amazon and Walmart's Flipkart, as well as smaller online players have reshaped India's e-biz landscape over recent years investing billions of dollars into the booming e-commerce market in the country, which, as per some estimates, is poised to grow at a compound annual growth rate (CAGR) of 21% and reach $325 billion in 2030.