Besides, the company has tied-up with various government bodies to empower local artisans, weavers and craftsmen across the country to embrace online selling and expand their business. Amazon has always believed in working seller backwards and have been constantly innovating to address challenges that are unique to Indian sellers, Pillai said. “Through India-first innovations like Easy Ship and Seller Flex, along with our gold standard offering- FBA, to building online capabilities through SPN and growing the ecosystem along, we have been laser focused in our vision of transforming the way India buys and sells,” he said.
In a recent investor call, Amazon Senior VP and CFO Brian Olsavsky had said India continues to be a “good story” for the US e-tailing giant even as its losses from its international operations widened to $919 million for the December quarter. Amazon has pumped in billions of dollars into its Indian operations. One of its India units, Amazon Seller Services, alone has received over Rs 8,000 crore (about $1.28 billion) during financial year 2017-18 from the US parent, as per documents filed with the India’s corporate affairs ministry. Amazon founder Jeff Bezos has committed investments of $5 billion for the Indian market. Investments have also been made in other Amazon entities in India, including Amazon Pay and its wholesale business here.