Thursday, Apr 25 2024 | Time 21:22 Hrs(IST)
image
Business EconomyPosted at: Sep 18 2018 4:52PM


Amazon bracing up for Festive Season

Bengaluru, Sept 18 (UNI) Bracing up for the Festive Season the e-commerce giant Amazon is pushing innovative measures and newer technologies in its Fulfilment Centres to meet the growing demand.
With over 380,000 sellers registered across the country and 14,000 in Karnataka the e-retailer is infusing technology without compromising on speed and quality and enabling more sellers to register with more than 50 Fulfillment Centers spread across in 13 States for a wider reach of their products.
Talking to newsmen at one of the five Center near Attibele, bordering Tamil Nadu, Akhil Saxena, Vice President, Customer Fulfillment, Amazon India, said such Centers will enable sellers to use local infrastructure, save capital and enable them to grow.
Amazon announced expansion of its infrastructure footprint opening its largest Fulfilment Centre in Karnataka with the view to enhancing customer experience ahead of the festive season.
Spread over around 350,000 square feet with close to 2 million cubic feet of storage space, the Centre situated near Attibele will enable faster delivery to customers in the region. Across the country Amazon has 20 million cubic feet of storage space across the country in Fulfilment Centres.
With the latest infrastructure, Amazon has increased its storage capacity by more than one and a half times since last year in Karnataka.
He said such Centres will enable small and medium businesses selling locally created products such as apparel and handicraft to service customers seamlessly across the country.
It will also provide support to the local economy by enabling the growth of ancillary businesses such as packaging, transportation, logistics, and hospitality across the State, he said
"We strongly believe that we will be able to better serve our customers with one-day and two day delivery," he added.
He said the Center will cater to customer demand for products in categories such as Smartphones, Consumer Electronics, Appliances, Fashion and Consumables (FMCG).
Saxena also said millions of products are currently available for immediate shipping through Amazon’s network of such Centres in India.
'This selection will only increase with the expanding FC footprint and benefit sellers and customers alike," he said.
Saxena said the company's customers and the Amazon mobile shopping app have access to over 170 million products across hundreds of categories.
UNI RS MSP HVB1650
Please log in to get detailed story.
Tags: #Amazon bracing up for Festive Season
More News

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..

Regulations to become more stringent, demanding in coming years : CUB MD

25 Apr 2024 | 6:40 PM

Chennai, Apr 25 (UNI) “Regulations are going to be here, and they are going to
get more stringent as there is a learning depending upon the changes in the
environment and the role of the CFO's,” City Union Bank (CUB) MD and CEO
Dr N Kamakodi observed on Thursday.

see more..
image