June 19 (Reuters) - Amazon ( AMZN ) will invest more
than 20 billion rupees ($233 million) in India in 2025 to expand
and update its operations infrastructure, develop new technology
for its fulfilment network and improve delivery safety, it said
on Thursday.
The investment builds on top of Amazon's ( AMZN ) prior investments
for the creation of an operations network to deliver to all
serviceable pin-codes in the country, it added.
In June 2023, the e-commerce major - which competes with
Walmart's Flipkart and billionaire Mukesh Ambani's Reliance
Retail in India - had said it will take its investments in the
country to $26 billion by 2030, without providing a breakdown.
The new investment will be used to launch new sites and
upgrade existing facilities across its fulfilment and delivery
network, improving speed and processing capacity, it said.
Additionally, Amazon ( AMZN ) plans to use technology to alert
delivery associates about unsafe speeds and ensure equitable
distribution of delivery routes.
Some of the funds will also be used to expand initiatives to
improve the health and financial well-being of its employees,
the company said.
In March, India's information technology ministry said
Amazon's ( AMZN ) cloud services provider, Amazon Web Services, will
invest about $8.2 billion in the country.
($1 = 86.7100 Indian rupees)