New Delhi February 17 2021: Amazon is to begin making some of its devices in India. This would be Amazon’s first manufacturing line in this country.
The company will commence its manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn in Chennai and start production later this year.
The programme will be able to produce hundreds of thousands of Fire TV Stick.
Says Ravi Shankar Prasad, Minister for Communications, Electronics & Information Technology and Law & Justice, Government of India: “India is an attractive investment destination and is poised to become a major player in the global supply chain in the electronics and IT products industry. Our Government’s decision to launch a Production Linked Incentive (PLI) Scheme has received tremendous response globally. We welcome Amazon’s decision to set up a manufacturing line in Chennai, as it will enhance domestic production capacities, and create jobs as well. This will further our mission of creating a Atmanirbhar Bharat which is digitally empowered.”
Adds Amit Agarwal, Global SVP and Country Leader for Amazon India: “We are committed to partner with the Indian government to advance the vision of an Aatmanirbhar ( self reliant) Bharat. We have pledged to invest US $1 billion to digitize 10 million small and medium businesses, help Indian businesses sell worldwide thereby enabling US $10B in cumulative exports, and create an additional 1MM jobs by 2025.”
Link to the Amazon blog making the announcement