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Amazon Plans $3B Investment in India FMCG by 2030, Store Count to Reach ~1,300
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According to sources cited by financial data provider Jin10, Amazon is planning to invest $3 billion in its fast-moving consumer goods (FMCG) business in India by 2030. As part of this expansion, the company intends to open approximately 1,300 quick-commerce stores in the country by April, a significant increase from the current count of around 750 stores. The report attributes these plans to unnamed sources and does not provide further details on the timeline or specific locations for the new stores. The investment underscores Amazon's commitment to expanding its presence in India's rapidly growing e-commerce and quick-delivery market.
Source report
According to sources familiar with the matter, Amazon is planning to invest $3 billion in its fast-moving consumer goods (FMCG) business in India by 2030.
As part of this expansion, the company intends to open approximately 1,300 quick-commerce stores in India by April, a significant increase from the current count of around 750 stores.
Source
金十数据Neutral / independent