Amazon To Sell Packaged Food And Beverages In India
Online retailer Amazon.com Inc plans to sell packaged food and beverages in India from mid October, the Economic Times reported, citing a person familiar with the matter.
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, the ET said.
Amazon is already in talks with brands like Kelloggs and Cornitos, the paper said.
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 sameday 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 etailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast growing e-commerce sector.