<![CDATA[ Frontlist | Amazon sets up Fire TV Stick production plant in India ]]> Read More: Twitter has testing voice DM feature for Indian users The Fire TV Stick is a TV streaming device designed by Amazon. According to a survey conducted by Strategy Analytics last year, the market for TV streaming devices has reached $1.1 billion. The major global manufacturers are Samsung (14%), Sony (12%), LG (8%), Hisense (5%), TCL (5%) and Amazon (5%). As for the market share of Google and Apple, they are 3% and 2% respectively. Shri. Ravi Shankar Prasad, Minister of Communications, Electronics and Information Technology of India, stated that India is going to become a major player in the global electronics and IT product supply chain. Amazon’s establishment of a local production line will increase India’s domestic production capacity and create more job opportunities. “MADE IN INDIA” GAINS MOMENTUM Amit Agarwal, Amazon’s senior vice president in charge of the Indian market, said that Amazon has pledged to invest $1 billion to assist India’s 10 million SMEs in digitizing and helping India export products to the world. The goal deadline is 2025. The cumulative export value of $10 billion and the creation of 1 million new jobs are in line with the commitment to “Made in India” promoted by the Indian government. The Indian government put forward the “Make in India” initiative in 2014. It wants to encourage companies to produce devices in India or invest in India’s production capacity. Not only Amazon, but also Apple and Samsung have begun to produce smartphones and tablets in India.
Source: GIZ China
]]> en Thu, 02 18, 2021 01:17 pm <![CDATA[ Frontlist | Amazon sets up Fire TV Stick production plant in India ]]> Read More: Twitter has testing voice DM feature for Indian users The Fire TV Stick is a TV streaming device designed by Amazon. According to a survey conducted by Strategy Analytics last year, the market for TV streaming devices has reached $1.1 billion. The major global manufacturers are Samsung (14%), Sony (12%), LG (8%), Hisense (5%), TCL (5%) and Amazon (5%). As for the market share of Google and Apple, they are 3% and 2% respectively. Shri. Ravi Shankar Prasad, Minister of Communications, Electronics and Information Technology of India, stated that India is going to become a major player in the global electronics and IT product supply chain. Amazon’s establishment of a local production line will increase India’s domestic production capacity and create more job opportunities. “MADE IN INDIA” GAINS MOMENTUM Amit Agarwal, Amazon’s senior vice president in charge of the Indian market, said that Amazon has pledged to invest $1 billion to assist India’s 10 million SMEs in digitizing and helping India export products to the world. The goal deadline is 2025. The cumulative export value of $10 billion and the creation of 1 million new jobs are in line with the commitment to “Made in India” promoted by the Indian government. The Indian government put forward the “Make in India” initiative in 2014. It wants to encourage companies to produce devices in India or invest in India’s production capacity. Not only Amazon, but also Apple and Samsung have begun to produce smartphones and tablets in India.
Source: GIZ China
]]> News 2 Thu, 02 18, 2021 01:17 pm