Amazon expands presence in India

Amazon's (NASDAQ:AMZN) Indian unit is opening five new warehouses in the country, allowing the company to expand its coverage for its same-day and next-day delivery services by adding half a million square feet in storage capacity.

Amazon has been increasing its presence in India following the launch of its Indian website last June.

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Comments (12)
  • psychological-dividends
    , contributor
    Comments (819) | Send Message
    My cousin, an MBA graduate in Hyderabad, works for Amazon. They treat her amazingly well and give her free meals, coffee, vacation time, etc.
    28 Jul 2014, 06:54 AM Reply Like
  • Gary J
    , contributor
    Comments (11479) | Send Message
    It has been documented in the Wall Street Journal Amazon has been attracting the best and the brightest MBAs.
    28 Jul 2014, 07:09 AM Reply Like
    , contributor
    Comments (160) | Send Message
    How much does Jeff pay you?
    28 Jul 2014, 07:45 AM Reply Like
  • psychological-dividends
    , contributor
    Comments (819) | Send Message
    I'm just being honest, I don't know Jeff Bezos. She handles accounts payable for the Hyderabad office.
    28 Jul 2014, 11:07 AM Reply Like
  • hallow
    , contributor
    Comments (19) | Send Message
    It does not matter where they expand. The latest quarter reveals it all. This company is just smoke and mirrors when it comes to profits. The great rotation has begun... out of amazon and into apple... the trade makes perfect sense.
    28 Jul 2014, 07:27 AM Reply Like
  • NY2LA 1
    , contributor
    Comments (1664) | Send Message
    Shouldn't Amazon in India be name changed to Ganges ?
    28 Jul 2014, 09:12 AM Reply Like
  • Budavar
    , contributor
    Comments (1418) | Send Message
    Whilst Rome burns, Nero fiddles.


    We have just another instance AMZN fiddling in far away India, whilst
    Rome, that is the company itself burning =


    burning cash + losing money = pun intended in deed.


    Please note my repeated switch recos I started "fiddling with" =
    more pun intended =
    back in the 1960's, + the following introduced back in April:


    >>> Sell 1 share of AMZN, get 3 shares of AAPL.


    Plan to give you periodic updates.


    The folks are waking up to AMZN's 20 year old smoke + mirrors +
    no longer buying it.


    They are selling AMZN. Which has been a lousy investment so far in 2014 =
    down in an up market.


    In the face of unanimous endorsements from the fashionista gurus =
    security analysis is too noble description of their activities now =
    of which this is just a tiny example.


    PLEASE look elsewhere for much better investing opportunities.
    28 Jul 2014, 10:32 AM Reply Like
  • surplusmarketing
    , contributor
    Comments (2268) | Send Message
    India is a low per capita income nation. I know, because i employ so cheaply menial work to them to save me time.


    And the average Indian is "struggling" to say the least, with very little discretionary capital.
    28 Jul 2014, 01:10 PM Reply Like
  • C.N
    , contributor
    Comments (263) | Send Message
    shipping is a big problem... it takes 1-2 weeks to deliver.
    28 Jul 2014, 06:41 PM Reply Like
  • surplusmarketing
    , contributor
    Comments (2268) | Send Message
    It says AMZN is building 5 new warehouses in India for same-day delivery.


    Again, the problem will be low to scant margins on commodities, EGM.


    India does not have the wealth nor income among its citizens to make any significant impact. (per capita)
    28 Jul 2014, 06:50 PM Reply Like
  • C.N
    , contributor
    Comments (263) | Send Message
    same day delivery for the same city, if you ship it across state lines, it is a big problem since roads and traffic get into the mix. Post Office cannot be used since it is corrupt and slow, so it has to be private couriers doing the delivery. 3rd party vendors- big problem.
    28 Jul 2014, 07:35 PM Reply Like
  • surplusmarketing
    , contributor
    Comments (2268) | Send Message
    Thanks for the info and clarification, C.N !
    28 Jul 2014, 07:45 PM Reply Like
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