johnnyboy
2021-02-16
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Amazon to Make Fire TV Sticks in First India Manufacturing Push
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On Tuesday, Amazon’s India chief Amit Agarwal briefed the country’s minister for electronics and information technology, Ravi Shankar Prasad, on the details of the company’s manufacturing plans as it reiterated its commitment to the government’s Make in India push.</p>\n<p>Amazon has deep roots in India, with founder Jeff Bezos pledging to build one of his biggest e-commerce operations outside of the U.S. in the country. But the company’s expansion into a retail market worth an estimated $1 trillion has hit hurdles and it’s currently locked in a legal battle over the sale of Mumbai-based Future Group’s assets to billionaire Mukesh Ambani’s Reliance Industries Ltd.</p>\n<p>With its latest manufacturing program, Amazon is signaling that it’s digging its heels in. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon to Make Fire TV Sticks in First India Manufacturing Push\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:45 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-02-16/amazon-to-make-fire-tv-sticks-in-first-india-manufacturing-push?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retailer to partner with Foxconn subsidiary in Chennai\nCompanies to start production of the devices later this year\n\nAmazon.com Inc. will begin making devices in India for the first time, joining a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/amazon-to-make-fire-tv-sticks-in-first-india-manufacturing-push?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/amazon-to-make-fire-tv-sticks-in-first-india-manufacturing-push?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2111839978","content_text":"Retailer to partner with Foxconn subsidiary in Chennai\nCompanies to start production of the devices later this year\n\nAmazon.com Inc. will begin making devices in India for the first time, joining a flock of technology companies setting up manufacturing operations in the South Asian country.\nThe Seattle-based e-commerce giant will start making the devices via a subsidiary of its manufacturing partner Foxconn Technology Group and production will start later this year in its facilities outside Chennai, the company said in a blog poston Tuesday.\n“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,” the company said in the blog. “Amazon will continuously evaluate scaling capacity to additional marketplaces.”\nThe online retailer is joining electronics giants such as Apple Inc. and Samsung Electronics Co. in making devices like phones and tablets in the South Asian nation. On Tuesday, Amazon’s India chief Amit Agarwal briefed the country’s minister for electronics and information technology, Ravi Shankar Prasad, on the details of the company’s manufacturing plans as it reiterated its commitment to the government’s Make in India push.\nAmazon has deep roots in India, with founder Jeff Bezos pledging to build one of his biggest e-commerce operations outside of the U.S. in the country. But the company’s expansion into a retail market worth an estimated $1 trillion has hit hurdles and it’s currently locked in a legal battle over the sale of Mumbai-based Future Group’s assets to billionaire Mukesh Ambani’s Reliance Industries Ltd.\nWith its latest manufacturing program, Amazon is signaling that it’s digging its heels in. 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