Amazon embarks on massive expansion plans in India, eyes tie-ups
REUTERS/Pascal Rossignol
April 12, 2021
Amazon.com Inc. is embarking on a massive India expansion plan, including a series of tie-ups with regional retail chains, to ensure that a legal setback in the case with Future Group does not upset its long-term plans for the country, two people familiar with the company’s plans said.
“Even if Amazon loses the Future case, it’s not fatal to Amazon by any means. The Future Group case is more about Amazon’s emphasis that contractual obligations do matter in India,” one of the two people said, adding that Amazon’s organic investment plans are much larger than these investments.
Updated Dec 23, 2020 | 11:21 IST
Relaunch of Jio s 4G feature phone will be followed up with the launch of its proposed entry-level smartphone, being developed in partnership with Google, later next year. Representational image
New Delhi: Mukesh Ambani-controlled Reliance Industries will relaunch its popular 4G feature phone JioPhone next quarter in order to gain from the work-from-home (WFH) wave, the
Economic Times mentioned in a report. Despite the removal of lockdown, most companies have allowed their employees to work from home in a bid to avoid getting infected by the Covid-19 virus. Schools and collages are also conducting online classes which has led to increased demand for 4G-phones. Consumption of online entertainment contet has also increased due to WFH.