Amazon Sees No Slowdown

Amazon Sees No Slowdown Yet, Ready to Invest More in India

Us-based online retailer Amazon said it would take a longterm view on investing in India and not get distracted by development in short-term .

Positive on India

• 50,000 Registered sellers on Amazon India 
• $5 Billion Expected amount of exports in 3 years 
• 20,000 Number of employees at the Hyderabad campus 

Amit Agrawal (Country manager, Amazon India) : 

" As a business, we are very committed to long-term thinking, so we don't really get 

distracted by what is happening in short cycles " .

Amazon currently exports Indian Products of over 50,000 registered sellers through its global selling platform, and hopes to surpass $5 Billion in exports in the next three years from over $1 Billion .

Amazon opened its first owned office building outside the US. The campus building of 3 million square feet is spread over 9.5 acers in Hyderabad, a city that now accommodates a third of its around 62,000 India workforce.

Amazon has so far committed $5 Billion on its India operations in addition to $500 million on food retail and will continue to invest across business spread over various development centres that serve customers globally. 

Amazon started its India operations in 2004 from Hyderabad.