Amazon to open five new warehouses in India
Reuters
Published Jul 28, 2014 05:35AM ET
Amazon to open five new warehouses in India
MUMBAI (Reuters) - Amazon.com Inc's Indian unit will open five new warehouses in the country, which will almost double its storage capacity to half a million square feet, the company said in a statement on Monday.
Amazon operates two warehouses or "fulfillment centers" on the outskirts of Mumbai and Bangalore. The new facilities will be opened in Delhi, Chennai, Jaipur, Ahmedabad and on the outskirts of Gurgaon.
The expansion will allow Amazon to extend its same-day and next-day delivery services in these cities.
Amazon's India website, set up in June last year, operates a marketplace which allows other vendors to sell their products to customers.
(Reporting by Nandita Bose; Editing by Gopakumar Warrier)
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.