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India key growth market for Amazon: Top executive

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Not just for devices like Alexa-enabled Echo smart speakers, India is a key growth market for in the larger consumer goods segment as well and the company will keep infusing capital in the country, a top executive has said.

India key growth market for Amazon: Top executive

Refreshing its Echo smart home speakers line-up, Amazon on Wednesday announced to bring three new Echo devices to India — in an effort to add a little more Alexa to consumer’s daily life.

“India is a very big market for Amazon, not just for the devices segment but for consumer goods as well,” , Senior Vice President, Alexa told IANS on the sildelines of a launch event here on Wednesday.

Amazon.in arrived in India on June 5, 2013 and has transformed the way the country buys and sells.

Today, Amazon holds over 30 percent of the e-commerce market in India and has become the most-visited shopping site in the country.

Customers from 100 percent of serviceable pin codes in India have placed orders on Amazon. Hundreds of thousands of Indian businesses now sell on Amazon.in.

“The investment in India will continue to grow in the future,” Taylor added.

After cementing its position in the ecommerce space, Amazon has launched several products like Amazon Echo, Prime Video, Prime subscription, Kindle, Alexa-enabled third-party devices, Amazon Music and Amazon Pay in India.

According to the International Data Corporation (IDC), Amazon Echo led the Indian smart speakers market with 59 percent share in 2018, followed by Google Home with 39 percent unit share.

Alexa arrived in India in 2017. Till date, she was able to understand and pronounce names of popular places, names, songs and more in languages such as Hindi, Tamil, Telugu, Marathi and Punjabi.

With the new update, Alexa can now understand customers speaking to her completely in Hindi or Hinglish, in multiple contexts and varied regional accents and dialects.

The users can ask Alexa for diverse Hindi content such as jokes, shayaris, games, Kabir ke dohe, Panchatantra stories, Bollywood dialogues, more than 500 Alexa skills, and even spellings of words in Hindi.