Amazon India to Enter into Electronic Devices Manufacturing

Amazon India to Enter into Electronic Devices Manufacturing

The Union Minister for Electronics & Information Technology held a virtual meeting with Amit Agarwal, Amazon’s Global Senior Vice President and Country Head for India.

After discussing over issues related to digital sector 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.

However, India has taken several key steps to encourage electronics manufacturing in India. Entry of Amazon in this sector adds to the success story of electronics manufacturing in India.

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Knowledge Source:

RBI constitutes Expert Committee on UCBs

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