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Amazon Accelerates the Appreciation Value of Indian E-Commerce Industry by $ 202 Billion
Jeff Bezos of Amazon has had become the richest CEO with glossy personality to entice Generation Z. He expects that there will be a new venture in collaboration with Indian participants to drive the vehicle of success in starting much compatible business expedition in India. It will be a revenue based industry in which Amazon will occupy 35 percent in the domestic market of India. Walmart has had confirmed the 77 percent stake acquisition of Flipkart. It is estimated a pack of $16 billion worth deal confirmed by Walmart representatives. Next episode will be more interesting with the announcement of new resolution of Amazon to go ahead for sweetening relationship with Indian financers to imprecise the business promotion to attract Indian consumers.
Amazon Confirms the Evergreen Tie-up with India to Promote e-commerce Business
Amazon, one of the top US based companies, feels free to be locked into contract with Indian e-commerce industry to have more revenues. It will be a gigantic business portal which will create a $70 billion worth market in India by 2027. The net sales will increase by $11 billion. In this connection, Mark May, Citi’s eminent and experienced market analyst, has given more matured productive feedback over the possibility of upcoming tie-ups with Indian e-commerce investors. The effort is great and awesome as both countries will be benefited through this collaborative workout. The growth of e-commerce market in India will touch 21 percent CAGR in the next 10 years to reach $202 billion. Amazon will showcase its transformational entrepreneurial leadership by possessing 35 percent of this developed market which must be a gateway to mobilize the integrated exploration. IT sectors in India are thriving faster with innovation in the information management. So, Amazon will have the least discomfiture to deal with Indian clients via internet. In Cloud based SAP environment, Amazon will complete rounds of tele-conferences and seminars to give realistic shape to projects in the pipeline. So, ultimately, GDP growth will have new look. The dashboard will record more hits of online visitors to participate in the global shopping platform.
Amazon to Invest $5B to Expand Business in India
Meanwhile, in another statement, CEO of Amazon has clarified that the company will spend around $5 billion to refurbish the Indian market for creating space and opportunities. Newcomers will test the digital ambience in India and Amazon will start accelerating its revenue percentage through this fruitful collaboration. Morgan Stanley bank reviewed the condition of India based IT industry. In a review, this international banking sector has approved the quality of business management in this second largest country in terms of population. India has potential manpower, technology and availability of qualitative project managers to boost up overseas clients. So Amazon will have no hurdles to expand business in this country. $30 billion worth e-commerce industry will be transformed into the chunk of $ 200 billion by 2026.
41 Percent Rise in FY’17 Registered to Boost up Indian e-commerce Industry
The transaction will not end up in India. It will be a long lasting tryst with India. On the other hand, Amazon Seller Services registered 41 percentage hike in FY’17 which amounts to 3128 crore rupees. It must be a testimonial to new opening in India for the sake of growth of economy. Apart from it, $406 million revenues in 2017 have been earned by Amazon under the supervision of AWS/Amazon Web Service. It must be notion of faster e-commerce development in India. Amazon will design bundles of profit based projects to lure Indian investors for joint collaboration. So, Amazon will bring cool breeze of flexible e-commerce business environment to young generation. However, Indian government should be dynamic, liberal and lenient to modify the regulation to permit overseas business clients like Amazon to visit India with tons of projects.
To be frank, Amazon must give priority to the cheap manpower, and technical expertise level of Indian remote employees . Preset environment is readymade for Amazon to hire the best employees to increase sales. India has sophisticated information technology to give support to American clients. The full scale business growth facility must be a plus point for Jeff Bezos to get, set and ready for reaching top cities of India to open new e-commerce office.