Amazon Will Be Soon In India
World’s largest online retailer, Amazon.com is set to enter India and should be in a position to commence operations next year, the Times of India reports. Amazon is in discussions with leading Indian e-commerce players like Flipkart.com, LetsBuy.com and Exclusively.in, among others and may enter the market as early as the first quarter of next year.
Hiring is currently on in Chennai, Hyderabad and Bangalore and has hired M Madhu, a senior executive at Landmark (a chain of book stores). Amazon already had operations in Chennai where its Kindle development team is based.
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Amazon is also planning to establish a warehouse in Mumbai, a standard step before entering the e-commerce space going by what Amazon has been doing globally. Another interesting development has been the buying of 80,000 sq ft by Amazon at SP Infocity, promoted by Shapoorji Pallonji & Co Ltd, in Perungudi in Chennai.
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