Wednesday, December 28, 2011

Amazon plans to set up local logistics backend in India

LBR Staff Writer Published 26 December 2011

Seattle (Washington)-headquartered Online retailer Amazon has prepared the process for creating a local logistics backend in India, marking its precursor to launch full-fledged operations to trade products in the country.

Amazon Asia-Pacific Resources, a Singapore-based arm of Amazon, is planning to setup a wholly owned subsidiary in Delhi-NCR to enable courier services for delivery of goods within the India.

The company is planning an initial investment of about $3m for hiring around 300 people for the independent Indian venture following the proposal filed with the Indian authorities for approval.

techcircle.in has reported that the plan to set up a courier firm follows the company's plan to launch its marketplace under the domain name amazon.in via a separate, wholly owned arm for its e-commerce activities.

The company also operates various country specific e-commerce sites in Canada, China, France, Germany, Italy, Japan, Spain and the UK.

The company already operates a development centre for refining and redefining how Amazon creates and manages product information for all its retail sites in India.

Source: http://www.logistics-business-review.com/news/amazon-plans-to-set-up-local-logistics-backend-in-india-261211

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