Livemint: September 29, 2016
Chennai: Amazon.in on Wednesday said that the company has launched two warehouses at Chennai and Coimbatore in Tamil Nadu, to empower thousands of small and medium businesses, to leverage the growth of digital economy and reach a wide customer base.
With this launch, Amazon.in has 27 operational fulfilment centres (FCs) in 10 states across the country with a combined storage space of close to 7.5 million cubic feet.
Spread over nearly 200,000 square feet with over 900,000 cubic feet of storage space, the two FCs will enable the e-commerce company for faster delivery during the upcoming festive season.
The company has also announced festive sale from 1-5 October.
“For our customers, these FCs bring us closer to them in the region and will not only support our Prime promise of one-day & two-day delivery but will also allow us to efficiently serve them this festive season. For our sellers, these FCs will enable thousands of small & medium businesses to save money by replacing their upfront capital expense with low variable cost and pay only for the storage space they use and the orders that we fulfil,” said Akhil Saxena, vice-president customer fulfilment, Amazon India.
Unlike traditional warehouses, FCs are equipped with highly automated pick, pack and shipping processes to facilitate safe and timely processing of orders. With an already existing urban FC in Chennai, Amazon.in now has three FCs in Tamil Nadu offering over one million cubic feet of storage space.
Saxena added, “Our fulfilment centre will provide local SMEs with a platform to sell their products such as handicrafts, apparel, home decor, jewellery etc. to millions of customers and scale their business to greater heights. They will also create numerous employment opportunities for the youth in the space of ancillary businesses such as packaging, transportation, logistics, and hospitality across the state.”
The American e-commerce giant, launched a new warehouse in Delhi-NCR on Monday, its seventh such facility in the region.
Previously, Amazon chief executive officer Jeff Bezos had said the company will invest $3 billion in India.
The company has about one lakh sellers on board in India and has witnessed a 250% year-on-year growth in the number of merchants, growing from about 100 sellers in June 2013, when it had commenced operations in the country.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.