Amazon Kicks Off 'Make In India' Push: Will This Ease Pressure From CAIT, Govt?
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India, Feb. 16 -- Even as it fights fires on multiple fronts with pressure from traders' groups, the Indian government's rules around foreign investments, as well as a legal battle with Future Group over the Reliance-Future deal, Amazon has announced its plans to begin manufacturing Amazon devices in India.
Amazon India country head and SVP Amit Agarwal said the company's first manufacturing line in India. Amazon India will commence its manufacturing efforts with contract manufacturer Cloud Network Technology in Chennai, which is a subsidiary of Taiwanese contract manufacturing giant Foxconn. Production on the line is expected to begin later this year, starting with Fire TV Stick HD or 4K streaming devices.
Agarwal added that the compan...
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