The intense battle between e-commerce giant Amazon and local rival Flipkart refuses to die out as the former announced the opening of seven new warehouses in India, a move that will likely provide employment to around 4000 people. This move is said to be in line with expanding the technology and infrastructure platform in the country.
Only last month, Amazon.in had announced catering to its appliances and furniture category by setting up seven warehouses or Fulfillment Centers exclusively. With this move, the US-based company will have another addition of 7 warehouses taking the total to 41 by the end of June this year.
FCs, or Fulfillment Centers, are warehouses for sellers to stock up their goods and other inventory. These save money by paying up only for the storage space used by them and the orders that Amazon fulfils.
“This (addition of new FCs) will double our storage capacity this year as compared to last year. We continue to invest in strengthening our infrastructure to match our pace of business expansion in India,”
Amazon India Customer Fulfilment Vice President Akhil Saxena told the news agency, PTI.
He also added that these new FCs will be set up in the states of Maharashtra, Madhya Pradesh, Telangana, Haryana, Andhra Pradesh, and Uttar Pradesh. “These new centres will create around 4000 jobs, temporary as well as permanent” he added later.
Already vested on an investment of $5 billion in the Indian market, Amazon is pumping more funds to competitively expand its operations in the country. However, Saxena refused to comment anything on the investment details.
Earlier this year, Jeff Bezos (Amazon founder and CEO) had said that Amazon.In has grown to be the fastest and most visited online marketplace in India. He had also made it clear that the company will keep investing in India to keep up with the huge demand and popularity.