Amazon.com Inc. is investing $3 billion to expand its Indian quick-commerce operations through 2030. The company will deploy an initial $1 billion by 2027 to build local warehouses and accelerate Amazon Now delivery speeds.
India’s quick-commerce market is forecast to grow from $19 billion to $41 billion by 2030. This strategic expansion aims to capture a larger share of the sector against local and international competitors.
Amazon shares slipped in pre-market trading following the announcement. Investors are weighing the heavy capital expenditure against the potential for long-term growth in the region.