Amazon said it expects to increase jobs through continued investment in local businesses over the next five years.
Editor’s note: This article comes from Tencent Technology .
January 18, according to foreign media reports, on Friday local time, Amazon promised to help India create 1 million new jobs, which caused widespread concern.
Amazon said it expects to increase jobs through continued investment in local businesses over the next five years. The company said in a statement that these jobs will be “directly or indirectly created by Amazon” and that over the past six years, Amazon’s investment in India has created 700,000 jobs. Amazon is investing in its technology and logistics networks, and said the new positions will cover areas such as IT, cloud computing, retail and manufacturing.
Just a few days before the announcement, Amazon made another major commitment: CEO Jeff Bezos, who visited India this week, said on Wednesday that Amazon would invest $ 1 billion To help India’s 10 million SMEs go online by 2025. “We see great contributions from our employees, and the small businesses we work with have shown extraordinary creativity and we are excited about the future,” Bezos said in a statement on Friday. >
Amazon says its number of employees in India has more than quadrupled since 2014, and last year it held an inauguration ceremony for its new campus in Hyderabad. Hyderabad is Amazon’s largest building in the world, with 15,000 employees. An Amazon spokesman declined to comment on the size of its staff in India and declined to provide more details about future recruitment plans.
The $ 1 billion investment announced by Bezos is the company’s latest commitment to take a share of India’s huge economy. Prior to this, Amazon had disclosed plans to invest more than $ 5 billion in the country.
For many years, Amazon has been competing with Flipkart for the dominance of the Indian online retail market. It is expected that by 2027, the value of the Indian online retail market will reach $ 200 billion. Flipkart is currently owned by Wal-Mart. The broader retail market is estimated to be worth more than $ 670 billion.
But in addition to fierce competition, Amazon faces other challenges in India. Indian antitrust regulators have launched investigations into Amazon and Flipkart, accusing the two retail giants of illegally curbing local businesses, but the two companies have denied the allegations.
Bezos also received a cold reception in New Delhi on Wednesday, where Amazon launched a two-day SME summit. The All-India Traders Federation, a large trade organization, has held protests against the company and its billionaire founders, saying the SME owners are being squeezed by companies such as Amazon. More than 550,000 sellers use Amazon India market services, and more than 60,000 Indian manufacturers and brands use the company’s platform to export products to customers around the world.
Bezos said this week that its investment could help traders export $ 10 billion in Indian-made goods over the next five years, which supports Indian Prime Minister Narendra Modi’s “Made in India” motion.
Amazon also linked its job creation program to the Indian government’s ambitious goal of providing workplace training to more than 400 million people by 2022. The company says its goal is to hire more people for positions such as software engineering, content production and customer support. The promise of a new job comes at the right time. In recent months, India’s economy has fallen, and last year the unemployment rate climbed to its highest level in decades. (Tencent Technology Review / Golden Deer)