Boost to the domestic production: Amazon India to commence Electronic Devices Manufacturing in India

New Delhi, February 17: Empowering the Aatmnirbhar Bharat and enhancing the domestic production capacities, E-commerce giant Amazon India has decided to start its first electronic device manufacturing production in India with the Foxconn-owned Cloud Network Technology.

 

The Union Minister IT minister Ravi Shankar Prasad broke the news on social media after meeting with Amit Agarwal, Amazon’s Global Senior Vice President and Country Head for India.

 

While speaking at the meeting the Minister said, "India is an attractive investment destination and is poised to become a major player in the global supply chain in the electronics and IT products industry. Our Government’s decision to launch a Production Linked Incentive (PLI) Scheme has received a tremendous response globally. "

 

 

He also welcomed Amazon's decision saying the decision will enhance domestic production capacities, and create jobs as well. This will further our mission of creating an AatmaNirbhar Bharat which is digitally empowered.

 

Prasad asked Amazon India to help in taking products made by India’s artisans and Ayurvedic products to global markets through the eCommerce Platform. He said, "Amazon is a global company but Amazon India must evolve as a truly India company deeply connected with the Indian business community and culture."

 

Amit Agarwal, SVP and Country Head of Amazon India said, “This further reiterates our commitment to ‘Make in India’, contributing directly to the local economy, creating jobs & boosting Indian innovation.”

 

 

 

According to Agarwal, the company is looking to produce scores of the Fire TV Stick Devices annually that will cater to the consumer demand in India. Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand. Amazon's this step will give a major boost to India's dream to become the electronic manufacturing hub in the next 5 years.

 

Earlier, Amazon had rolled out the ‘Local Shops For Amazon’ program in 2020 that empowered retail and local shop owners to gain an advantage by selling their products online.