Sunday, 25 October 2015

Amazon to sell packaged food and beverages in India

Online retailer Amazon.in Inc plans to sell packaged food and beverages in India from mid October.

Amazon, which has already started accepting bookings for Coco-Cola Zero (the beverage's low-calorie variant), will eventually start selling fresh food in India.

Amazon is already in talks with brands like Kelloggs and Cornitos.
Amazon India did not immediately respond to a request for comment.

Amazon, which opened its Indian website last June, has drawn up the battle lines by slashing prices, launching same-day delivery, adding new product categories and embarking on a high-voltage advertisement campaign.

In July, Amazon said it will invest a further $2 billion in India after the country's largest e-retailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast growing e-commerce sector.

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