Amazon Retail India Pvt Ltd (ARIPL)
The food retailing subsidiary of Amazon is looking to expand to another 60 tier 2-3 cities in the next 12-14 months. Presently, Amazon Retail India is present in more than 100 cities.
For this purpose, Amazon is in the process of setting up several delivery centers in tier-2 and tier-3 cities for its hub-and-spoke supply chain model.
Earlier this month, the retail giant had invested Rs 240 crore into Amazon Retail India, signaling an increased focus on the grocery arm.
Currently, ARIPL sells about 3,000 stock keeping units (SKUs) of food items and has lined up a network of 250 suppliers in various cities.
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