Amazon to invest $35 billion in India through 2030, create 1 million more jobs| Business News

Amazon.com Inc. plans to invest $35 billion in India through 2030, creating one million more jobs by then, Bloomberg News reported on Wednesday. Amazon.com Inc. plans to invest $35 billion in India through 2030, creating one million more jobs by then. (AFP) The news comes a day after Microsoft Corp. pledged to invest $17.5 billion […]

Amazon layoffs is said to impact 800-1,000 jobs in India as AI upends work model| Business News

The Amazon layoffs can result in 800-1,000 job cuts in India, ET reported on Wednesday, as the US-based e-commerce firm taps AI to reduce overheads. In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP) The Amazon India layoffs would span functions—including finance, human resources and technology, ET reported citing […]

Amazon targets India e-commerce exports of $80 billion by 2030 despite US tariffs| Business News

Amazon.com Inc. says its e-commerce exports from India has surpassed $20 billion, including nearly $7 billion this year, despite the punitive US tariffs on the world’s fourth largest economy. Amazon’s exporter base in India has grown by a third in year to about 2 lakh sellers, spanning 28 states and seven union territories. (AFP) “We […]