CURRENT AFFAIRS : NATIONAL NEWS
Amazon announces first device manufacturing line in India
- E-commerce giant Amazon has announced its plans to begin manufacturing devices in India.
- This is the first Amazon manufacturing line in India and reiterates the firm’s commitment to the government’s “Make in India” for an Atma Nirbhar Bharat.
- Amazon will commence manufacturing with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn, in Chennai, and start production later this year.
- The programme will churn out hundreds of thousands of Fire TV Stick devices every year. Amazon will evaluate scaling capacity to additional marketplaces and cities, depending on the domestic demand.
- In 2020 Amazon announced “Local Shops on Amazon”, a programme that retailers and local shops be self-dependent, and benefit from selling online.
- It now has over 22,000 neighbourhood stores registered across the country, gathering additional footfalls through their online presence and furthering their earning potential by acting as pickup points, logistics partners, and experience centres for e-commerce.
