Latest news with #AbhinavSingh
Time of India
a day ago
- Business
- Time of India
Amazon announces plans to boost India operations with $233 million investment
Amazon India is set to inject over $233 million into its operations in 2025, a move aimed at fortifying its logistics network, enhancing employee welfare and driving technological innovation across the country. According to the e-commerce giant, the substantial capital infusion will primarily target the expansion and upgrade of Amazon India's existing infrastructure, including its fulfillment, sortation, and delivery networks. It said that a key focus will also be on advancing associate safety and well-being programmes, alongside the development of cutting-edge tools and technology for its extensive fulfillment network. "For over a decade now in India, we have been focused on building the best-in-class logistics infrastructure—designed to deliver with safety, speed, scale, and reliability for our customers across the country," said Abhinav Singh, VP-Operations, Amazon India and Australia. "These latest investments reflect our commitment to continually expand and upgrade our operations across our fulfillment, sortation, and delivery network," he added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Here's A List Of Cheapest Steel Suppliers (See List) Steel Suppliers | search ads Search Now This latest investment comes on the heels of Amazon's ongoing efforts to establish an operations network capable of reaching every serviceable PIN code in India. Amazon to enhancing infrastructure and employee well-being The investment is expected to boost processing capacity, improve fulfillment speeds and increase overall efficiency throughout Amazon's operational network. This will enable Amazon to serve customers across India more quickly and reliably. Furthermore, the company says that both existing and new buildings within Amazon's operations network will incorporate state-of-the-art technology and efficient building systems to minimise energy consumption. These strategic investments highlight Amazon's ongoing dedication to strengthening its operational presence in India, empowering sellers, enhancing customer convenience and contributing to the growth of local economies. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Arabian Business
a day ago
- Business
- Arabian Business
Amazon to invest $233mn this year in India to expand operations
Amazon will invest nearly US$233 million in India this year to expand its operations, enhancing its infrastructure, technology and delivery capabilities. A portion of the investment will also be allocated towards employee well-being and benefits. The investment aims to support network expansion and upgrades for faster and more reliable deliveries through new tools and technology. For employees, Amazon is starting several initiatives, including creating air-conditioned rest areas for delivery workers, providing financial education, offering scholarships for associates' children, and ensuring healthcare assistance for truck drivers. This new investment builds on Amazon's existing investments in creating an operations network that helps the company deliver to all serviceable postal codes across India. Abhinav Singh, VP-Operations, Amazon India and Australia, commented: 'For over a decade now in India, we have been focused on building the best-in-class logistics infrastructure – designed to deliver with safety, speed, scale, and reliability for our customers across the country. These latest investments reflect our commitment to continually expand and upgrade our operations across our fulfilment, sortation, and delivery network. 'By strengthening our infrastructure capabilities, enhancing processing capacity, and implementing state-of-the-art technology, we're positioning Amazon to better serve customers throughout India while supporting our employees, associates and partners who are the heart of it all.' Amazon India will continue to enhance on-road safety by using the latest technologies to alert delivery associates and partners about unsafe speeds and encourage rest breaks. The company is investing in tools that measure route complexity and ensure equitable distribution of delivery routes, while allowing adequate time for each delivery. Amazon is also streamlining driver onboarding processes and enhancing the Driver app for better earnings transparency and benefit information. Delivery workflows are being simplified by making the app more self-guided, improving navigation for unstructured addresses, and reducing cognitive load with photo and video-based item verification. A new 'Helmet Adherence Application' has been introduced, which will protect delivery associates and partners by verifying proper helmet use before trips begin.
New Indian Express
2 days ago
- Business
- New Indian Express
Amazon India to invest over Rs 2,000 cr in 2025
Amazon India will invest over Rs 2,000 crore( $233 million) this year to enhance its pan-India operations network. On Thursday, the company announced that the investment will be used to expand and upgrade operations infrastructure, improve associate safety and well-being programs, and develop new tools and technology for its fulfillment network. Amazon plans to leverage these investments to launch new sites and upgrade existing facilities across its fulfilment, sortation and delivery network. This investment will enhance processing capacity, improve fulfillment speed, and increase efficiency across the company's operations network that will help Amazon serve customers across India faster and more reliably, the ecommerce giant said in a release. Apart from this, the company will continue to invest and expand initiatives aimed at improving the health and financial well-being of employees and associates across the operations network. This includes expanding programs like 'Ashray' – to provide dedicated rest points for delivery associates, even those not delivering for Amazon – offering seating, water, charging stations, and washroom facilities; 'Samridhi' - a financial well-being program focused on financial education and personal finance support for associates and drivers; 'Pratidhi' program supporting children of associates with scholarship; and 'Sushruta' to address the healthcare needs of truck drivers, the company added in the release. Recently, Amazon launched a nation-wide initiative to offer free health check-ups to over 80,000 delivery associates and partners through medical camps by the end of 2025. "For over a decade now in India, we have been focused on building the best-in-class logistics infrastructure—designed to deliver with safety, speed, scale, and reliability for our customers across the country. These latest investments reflect our commitment to continually expand and upgrade our operations across our fulfilment, sortation and delivery network," said Abhinav Singh, VP - Operations, Amazon India and Australia.
Economic Times
2 days ago
- Business
- Economic Times
Amazon India plans Rs 2,000 crore investment in 2025 to enable faster deliveries
Amazon India said Thursday that it will invest Rs 2,000 crore this year to expand and upgrade its operations infrastructure, aiming to make ecommerce deliveries 'faster and more reliable'. This has come when horizontal ecommerce marketplaces are facing stiff competition from 10-minute delivery platforms.'These latest investments reflect our commitment to continually expand and upgrade our operations across our fulfilment, sortation, and delivery network,' said Abhinav Singh, vice-president-operations, Amazon India and Australia. Amazon recently rolled out its quick commerce offering, Now, across select pin codes in Bengaluru, and plans to expand the 10-minute delivery network to Delhi-NCR and Mumbai as well. With this, Amazon has entered a buzzy space where players such as Blinkit, Swiggy's Instamart, Zepto, BigBasket, Flipkart Minutes and Reliance Retail's JioMart are already operating. In 2023, Amazon CEO Andy Jassy had said that the company, which had already invested $11 billion in India cumulatively at the time, plans to increase the total investment to $26 billion by 2030. The latest announcement of Amazon investing in its operations infrastructure has come at a time when the broader ecommerce sector has been witnessing a slowdown in growth. In the calendar year 2024, growth in India's e-tail market slowed down to 10-12% from over 20% in the previous years, as per a Bain & Company and Flipkart report. In fiscal 2024, Amazon Seller Services, the Indian marketplace entity of the US ecommerce giant, posted a 14% rise in operating revenue at Rs 25,406 crore. While revenue growth outpaced the 3% increase in FY23, it lagged rates seen during the pandemic period. Revenue had grown 32% in FY22 and 49% in FY21. Its net loss narrowed in FY24 by 28% to Rs 3,469 crore. In a December 2024 interview with ET, Amazon's senior vice president for India and emerging markets, Amit Agarwal, had said that the company wanted to make sure that the growth it's driving is towards a profitable business. 'We've been thoughtful in how we make our investments. We've made significant improvements in reducing the cost structures for our businesses so sellers can add more selections at lower prices,' he had company said on Thursday that it was investing in tools that measure 'route complexity and ensure equitable distribution of delivery routes, while allowing adequate time for each delivery'. Among other steps, Amazon India said it is streamlining its delivery operations by enhancing its app to simplify the process for delivery personnel. The company is introducing improved navigation tools to help locate unstructured or hard-to-find addresses more efficiently. Amazon also operated its in-house logistics service Amazon Transportation Services (ATS) – but this is being merged into Amazon Seller Services, as reported by ET in May.
The Hindu
2 days ago
- Business
- The Hindu
Amazon to invest over ₹2,000 crore to enhance its India operations network
Amazon will invest over ₹2,000 crore (some $233 million) in 2025 to expand and upgrade operations infrastructure, improve associate safety and well-being programmes, and develop new tools and technology for its fulfilment network in India. This new investment was in addition to Amazon's existing investments in creating an operations network that would help the company deliver to all serviceable pin-codes across India, the company said. 'For over a decade now in India, we have been focused on building the best-in-class logistics infrastructure—designed to deliver with safety, speed, scale, and reliability for our customers across the country. These latest investments reflect our commitment to continually expand and upgrade our operations across our fulfilment, sortation and delivery network,' said Abhinav Singh, VP - Operations, Amazon India and Australia. By strengthening infrastructure capabilities, enhancing processing capacity, and implementing technology, Amazon was positioning itself to better serve customers throughout the country, he added.. According to Amazon, it plans to leverage these investments to launch new sites and upgrade existing facilities across its fulfilment, sortation and delivery network. This investment is expected to enhance processing capacity, improve fulfillment speed, and increase efficiency across the company's operations network Amazon further said it would also continue to invest and expand initiatives aimed at improving the health and financial well-being of employees and associates across the operations network. This includes expanding programs like 'Ashray' – to provide dedicated rest points for delivery associates, even those not delivering for Amazon – offering seating, water, charging stations, and washroom facilities. Recently, the e-tailer launched a nation-wide initiative to offer free health check-ups to over 80,000 delivery associates and partners through medical camps by the end of 2025.
