The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
BusinessNation

Amazon India to commence Electronic Devices Manufacturing in India

by TLN Team February 16, 2021February 16, 2021
written by TLN Team February 16, 2021February 16, 2021
Amazon India to commence Electronic Devices Manufacturing in India

Ravi Shankar Prasad, the Union Minister for Electronics & Information Technology, Communications and Law & Justice, today held a virtual meeting with Amit Agarwal, Amazon’s Global Senior Vice- President and Country Head for India. Range of issues related to digital sector were discussed during this meeting. After this meeting Amazon India has made an announcement to start manufacturing of electronics products from India.

To begin with, Amazon is going to start manufacturing of Amazon Fire TV stick from India. Speaking on the occasion Ravi Shankar Prasad, Minister for Communications, Electronics & Information Technology and Law & Justice, Government of India said, “India is an attractive investment destination and is poised to become a major player in the global supply chain in the electronics and IT products industry. Our Government’s decision to launch a Production Linked Incentive (PLI) Scheme has received tremendous response globally. We welcome Amazon’s decision to set up a manufacturing line in Chennai, as it will enhance domestic production capacities, and create jobs as well. This will further our mission of creating an AatmaNirbhar Bharat which is digitally empowered.”

Minister also mentioned that it is only a beginning for Amazon’s efforts to manufacture electronics products from India for India and export markets. Amazon will commence its manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn in Chennai and start production later this year. The device manufacturing program will be able to produce hundreds of thousands of Fire TV Stick devices every year, catering to the demands of customers in India.

Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand. India has taken several key steps to encourage electronics manufacturing in India. The Production Linked Manufacturing (PLI) for Large Scale Electronics Manufacturing has emerged as a major success with many international companies commencing production of electronics goods from India.

Entry of Amazon in this sector adds to the success story of electronics manufacturing in India. IT Minister wrote on Koo- â€œUnder the leadership of PM Narendra Modi, electronics manufacturing in India has recently attracted some of the biggest investments from global giants. Happy to share Amazon India is the latest to join this success story of India.”

Prasad asked Amazon India to help in taking products made by India’s artisans and Ayurvedic products to global markets through e-commerce Platform. He said, Amazon is a global company but Amazon India must evolve as a truly Indian company deeply connected with Indian business community and culture.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
City’s slaughterhouses and meat shops to remain closed on Friday
next post
Travelling to Mumbai will now require a negative COVID test report

You may also like

Two pilots killed in training aircraft crash in...

December 4, 2023

Trains cancelled due to cyclone Michoung

December 4, 2023

BJP wins three states, Congress one

December 3, 2023

Set up PM Modi selfie points in colleges,...

December 3, 2023

An initiative for teachers, of teachers and by...

December 3, 2023

Election Results 2023: MP, Rajasthan,Telangana & Chhattisgarh

December 3, 2023

Powerful earthquake hits Philippines

December 2, 2023

RBI says “Rs 2,000 Notes, Now Withdrawn, Worth...

December 2, 2023

Praggnanandhaa siblings : first-ever Grandmaster siblings in history

December 2, 2023

Establish India as knowledge hub for the world:...

December 2, 2023

Trending News

  • Election Results 2023: MP, Rajasthan,Telangana & Chhattisgarh

    December 3, 2023
  • Establish India as knowledge hub for the world: Droupadi Murmu

    December 2, 2023
  • Russian Supreme Court bans LGBT movement

    December 1, 2023
  • Israel-Hamas war starts again, IDF alleged violation of ceasefire by Hamas

    December 1, 2023
  • BCCI announces extension of contracts for Head Coach and Support Staff of Team India

    November 29, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.