Amazon ‘excited’ about India - Sees headroom for e-comm market growth
Manish Tiwary, the national manager for the e-commerce giant amazon, stated that the market in india is "excited" due to digitization, economic growth, and younger demographics. He also stated that the runway for e-commerce in the nation "is huge" moving forward. amazon India's Country Manager for Consumer business, Tiwary, spoke about "a very clear calendar" for turning this region into a lucrative market in an interview with PTI. He also promised that the company is on pace to meet its 2025 goals.
Given a vast opportunity for growth in this mostly untapped market, amazon, which recently celebrated ten years in india and has a client base of over 100 million, nevertheless views this as "day zero" in the country. According to him, the business is dedicated to using market potential and showcasing fresh developments. The indian e-commerce business, according to Tiwary, is "exciting and attractive," and as long as the emphasis is placed on getting the "customer and seller basics" correct, "headroom is not a challenge for this industry, at least for the next few decades."
"Globally for us...India is still a highly interesting market.Therefore, globally, amazon is quite focused and still very enthusiastic about india, he noted. Amazon's confidence in India's e-commerce potential is supported by the nation's rapid economic development, digitalisation, widespread use of mobile devices and the internet, and most recently, the deployment of 5G. There aren't many markets of this magnitude that he could conceive of that could have this type of potential.
Given a vast opportunity for growth in this mostly untapped market, amazon, which recently celebrated ten years in india and has a client base of over 100 million, nevertheless views this as "day zero" in the country. According to him, the business is dedicated to using market potential and showcasing fresh developments. The indian e-commerce business, according to Tiwary, is "exciting and attractive," and as long as the emphasis is placed on getting the "customer and seller basics" correct, "headroom is not a challenge for this industry, at least for the next few decades."
"Globally for us...India is still a highly interesting market.Therefore, globally, amazon is quite focused and still very enthusiastic about india, he noted. Amazon's confidence in India's e-commerce potential is supported by the nation's rapid economic development, digitalisation, widespread use of mobile devices and the internet, and most recently, the deployment of 5G. There aren't many markets of this magnitude that he could conceive of that could have this type of potential.