Amazon will begin operating its first manufacturing line in India later this year by producing Amazon Devices, including Fire TV sticks, in partnership with Foxconn's subsidiary, Cloud Network Technology.
Located in Chennai, the factory is part of Amazon's commitment to the Indian Government's "Make in India" drive.
The program will manufacture hundreds of thousands of Fire TV Stick devices every year, catering to the demands of Indian customers.
Amazon did not share details of the capacity or investment for the project but vowed it will continuously evaluate scaling capacity to additional marketplaces depending on the demand.
India's Minister for Communications, Electronics, and Information Technology Ravi Shankar Prasad also asked Amazon India to help in taking products made by Indian artisans and Ayurvedic products to global markets through its platform.
Prasad also urged Amazon to digitally develop a few villages in India and to work with small local shops to make them stakeholders.
Amazon had invested billions of dollars in India across e-commerce, payments, and logistics. It had committed a $1 billion investment to digitize 10 million small and medium businesses, enabling $10 billion in cumulative exports, while creating one million jobs by 2025.


OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Instagram Outage Disrupts Thousands of U.S. Users
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 



