NOOBFEEDS

Tech for innovators.

Menu
  • Finance
  • New In Tech
  • Tech for Innovators
  • Business
  • About
Menu

Amazon will also be part of the self-reliant India campaign to manufacture fire TV sticks by installing units in Chennai

Posted on February 17, 2021February 17, 2021 by Nidhi Malviya

So far, Amazon has invested millions of dollars in India through e-commerce, payments and logistics operations. The company has said that it will manufacture these Fire TV Stick devices as per domestic demand at present.

The big companies of the country and the world are getting involved with the ‘Self-reliant India’ campaign launched by the Modi government at the center. In this episode, now e-commerce company Amazon has also become a part of it. The company says that it is going to put up a manufacturing unit in Chennai at the end of the year.

The company will manufacture its other devices including the Fire TV Stick in this unit. Apart from this, Amazon has also set a target of creating 1 million jobs by 2025 with an investment of 1 billion dollars for digitization of 10 million small and medium-sized businesses in India. The announcement was made after a meeting between Union Information Technology Minister Ravi Shankar Prasad and Amazon India Senior Vice President Amit Aggarwal on Tuesday.

India an ideal country for investment

Union Information Technology Minister Ravi Shankar Prasad said, “Today India has become an ideal place for investment. Also we are poised to become the most prominent country in the world of supply in electronics and IT products industry. Production by our government The decision to introduce the Linked Incentive (PLI) scheme is being welcomed worldwide. We welcome the decision by Amazon to set up a manufacturing unit in Chennai. This will increase domestic production capacity and also create employment. This will help in promoting our self-reliant India campaign.

Nidhi Malviya

Nidhi Malviya is fun loving girl. She writes at NoobFeeds about various topics related to Finance, Technology, Business etc.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




  • Documents required for home loans (Complete list here)
  • IND VS ENG 3RD Test: Ishant Sharma created history, became the second Indian fast bowler to achieve this milestone
  • Anand Sharma clarified on Rahul’s controversial statement, said – North India gave many Prime Ministers
  • Sensex of truth: Do you become unconscious by driving a car wearing N-95 mask? Know the truth of viral claim
  • Before taking health insurance, understand these things of insurance contract, otherwise it will be troublesome later

Looking For Something

Let’s Connect

  • Instagram
  • Twitter
  • Facebook

Navigate

  • ABOUT
  • Privacy Policy
  • Contact Us

Pages

  • ABOUT
  • Contact Us
  • Our team
  • Privacy Policy
  • Terms Of Service