US e-commerce giant Amazon on Tuesday announced plans to manufacture devices such as the Fire TV stick in India.
This is Amazon’s first manufacturing line in India … the company said in a blog post and added that it would begin manufacturing efforts with contract manufacturer Cloud Network Technology, a subsidiary of Foxconn in Chennai, and that she would begin production later this year.
The device manufacturing program will be able to produce hundreds of thousands of Fire TV Stick devices every year, meeting the demands of customers in India. Amazon will continuously assess the ability to scale to other markets / cities, based on domestic demand, he added.
Communications and IT Minister Ravi Shankar Prasad, who was briefed on the initiative by the company, said India is an attractive investment destination and is poised to become a major player in the global supply chain in electronics and computer products industry … welcome Amazons’ decision to set up a manufacturing line in Chennai, as it will improve domestic production capacities and also create jobs.
Amit Agarwal, Global SVP and National Leader for Amazon India, said: … we are delighted to announce the first manufacturing line of Amazons in India to produce hundreds of thousands of Fire TV Stick devices every year meeting the demands of Indian customers. It further reiterates our commitment to the Indian government’s “Make in India” initiative.
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