Ravi Shankar Prasad, the Union Minister for Electronics & Information Technology, Communications and Law &Justice, today held a virtual meeting with Amit Agarwal, Amazon’s Global Senior Vice President and Country Head for India.
Range of issues related to digital sector were discussed during this meeting. After this meeting Amazon India has made an announcement to start manufacturing of electronics products from India. To begin with, Amazon is going to start manufacturing of Amazon Fire TV stick from India.
Amazon will commence its manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn in Chennai and start production later this year.
The device manufacturing program will be able to produce hundreds of thousands of Fire TV Stick devices every year, catering to the demands of customers in India. Amazon will continuously evaluate scaling marketplaces/cities depending on the capacity to additional domestic demand.
India has taken several key steps to encourage electronics manufacturing in India. The Production Linked Manufacturing (PLI) for Large Scale Electronics Manufacturing has a major success with companies commencing production of electronics goods from India. Entry of Amazon in this sector adds to the success story of emerged as many international electronics manufacturing in India.
IT Minister wrote on Koo- “Under the leadership of PM Narendra Modi, electronics manufacturing in India has recently attracted some of the biggest investments from global giants. Happy to share Amazon India is the latest to join this success story of India.”
Ravi Shankar Prasad asked Amazon India to help in taking products made by Ayurvedic products to global markets through said, “Amazon is a global company but Amazon India must evolve as a truly India company deeply connected with Indian business community and India’s artisans and eCommerce Platform. He culture.”
WhatsApp us