Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Disaster or digital spectacle? The dangers of using floods to create social media content 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
6 simple questions to tell if a ‘finfluencer’ is more flash than cash 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Stuck in a creativity slump at work? Here are some surprising ways to get your spark back 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated 
Youth are charting new freshwater futures by learning from the water on the water 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Amazon India is reshaping the e-commerce landscape with its novel floating store on Dal Lake in Srinagar, Kashmir. This innovative venture, part of their 'I Have Space' program, enhances delivery efficiency and fortifies local commerce by integrating the region's houseboat community into its robust delivery network.
The floating store is part of Amazon India's 'I Have Space' last-mile delivery program, which harnesses local resources to ensure quick and seamless delivery within a 2 to 4-kilometer radius. The program revolutionizes the delivery process by addressing the final step in the supply chain.
Heading the operations of the floating store is Murtaza Khan Kashi, the owner of the houseboat Select Town. With his daily deliveries to other houseboats on the lake, Kashi plays a crucial role in expanding Amazon's delivery network while creating income opportunities for small businesses.
Previously, residents and businesses around Dal Lake and Nigeen Lake had to rely on shikaras or nearby shops to receive their Amazon packages. Thanks to the floating store and Murtaza's efforts, packages are now personally delivered to customers' doorsteps, providing a hassle-free experience.
Since its launch in early June, the floating store has become a dependable delivery source for regional customers. Karuna Shankar Pande, the Director of Amazon Logistics in India, recognizes the store's potential to offer swift and efficient deliveries.
Pande emphasizes that India's first floating 'I Have Space' store on Dal Lake reaffirms Amazon India's commitment to creating meaningful opportunities and introducing new capabilities to enhance its delivery network.
The 'I Have Space' program, initiated in 2015, collaborates with local stores and business owners to deliver products within a 2 to 4-kilometer radius of their store. Amazon partners with over 28,000 neighborhood and kirana stores across close to 420 towns and cities in India.
This pioneering step transforms delivery systems in Srinagar and sets a new precedent for e-commerce operations in India. It exemplifies Amazon India's dedication to innovation and creating a seamless delivery experience for customers nationwide.
Photo: Bryan Angelo/Unsplash
