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Saturday, 21 January 2012 - Amazon setting up first fulfillment center in India |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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Fulfillment centers are giant warehouses that help Amazon and other online retailers store many products, ship them and handle returns quickly. The fulfillment center is based in Mumbai, the biggest city in the country, according to job listings on Amazon's India careers website. Amazon "has an immediate opening for an IT Manager in our first Fulfillment Center based out in Mumbai, India," one recent listing said. Another recent Amazon job posting sought a "Stations Operations Manager" to work for the fulfillment center team in Mumbai. Amazon was also recently looking for a financial analyst in Mumbai to report to a general manager and controller and help the fulfillment center operate more efficiently and predictably. Amazon spent heavily last year setting up more than 10 new fulfillment centers in the United States. The company also lists fulfillment centers in China, Germany, Japan and the U.K. on its website, but currently lists none in India. Fulfillment centers cost a lot to set up, so Amazon's efforts to start one in India signals the company is serious about getting into the country's $550 billion retail market. "While it has been speculated that Amazon would be expanding internationally, it seems that the international expansion plans have been accelerating," said Ben Schachter, an analyst at Macquarie. "Last year, they launched a country-specific site in Spain and now it looks like India could be next." An Amazon spokeswoman did not respond to emails seeking comment on the company's plans for India. Amazon has software development centers in Bangalore, Chennai and Hyderabad and a customer-service center in Hyderabad. Shoppers in India can also buy products from Amazon websites in other countries and have the items shipped to them. But the company does not have a dedicated online retail business in India yet. That has allowed e-commerce start-ups, led by Flipkart, to expand quickly in India. "India is a tremendously large potential market for Amazon," said Mahesh Murthy, a venture capital investor in India and founder of digital marketing start-up Pinstorm. "In fact, from the metrics we see, Amazon currently gets more traffic from India than Flipkart does, even though the former has no formal presence in India," he added. Amazon already does a lot of business in India through its U.K. website, amazon.co.uk, because the company offers free shipping and handles customs for all books, music and DVDs bought from that site and shipped to India, Murthy said. "But this would be significantly smaller than what Amazon could do if it came with a full offering into India," he added. (Reporting By Alistair Barr; editing by Andre Grenon) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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