India is a top focus for the business, according to Amazon.
After eight years, Manish Tiwary, the head of Amazon India and country manager, has resigned, the e-commerce giant announced on Tuesday. Tiwary will stay on at Amazon through October in order to facilitate a seamless move.
The announcement of the top-level exit coincides with the US e-commerce giant’s increasing competition in India from companies like Flipkart and Meesho, which is backed by SoftBank. Companies like Blinkit, Swiggy’s Instamart, and Zepto are also aggressively entering the market as busy consumers choose instant delivery of groceries and other household items.
In a statement on Tuesday, Amazon India said: “Manish Tiwary, Country Manager for Amazon India, has decided to pursue an opportunity outside of the company.
Manish’s leadership over the last eight years has been instrumental in delivering for customers and sellers, making Amazon the preferred marketplace in India.” Tiwary had joined Amazon in 2016.
Amit Agarwal, senior vice president for India and emerging markets, will continue to work closely with the Amazon.in team, the company added.
India is a top focus for the business, according to Amazon.
“We are excited by the momentum and business results we have already achieved, and we are even more optimistic about the significant opportunities ahead to innovate on behalf of our customers and digitally transform lives and livelihoods,” the statement said.
The company added: “Amit Agarwal, SVP India and Emerging Markets, will remain closely involved with the Amazon.in team, guiding its strong bench of leaders to deliver on this opportunity.”
Amazon announced intentions to invest an additional USD 15 billion in India last year, bringing its total commitment to USD 26 billion.
After meeting Prime Minister Narendra Modi during his visit to the US in 2023, Amazon CEO Andy Jassy said, “I had a very good and productive conversation with Prime Minister Modi. I think we share a number of goals. Amazon is one of the biggest investors in India. We have invested USD 11 billion till date and intend to invest another USD 15 billion, which will bring the total to USD 26 billion. So we are very much looking forward to the future of partnering.”
According to a business update released by the company in August 2023, up until that point, Amazon had enabled nearly USD 8 billion in cumulative e-commerce exports, digitized over 62 lakh (6.2 million) micro, small, and medium-sized enterprises (MSMEs), and created over 13 lakh (1.3 million) direct and indirect jobs in India.
By 2025, Amazon has committed to digitizing 1 crore (10 million MSMEs), enabling a total of USD 20 billion in e-commerce exports, and generating 20 lakh (2 million) jobs in India. According to Amazon’s report on August 10, 2023, the company is on schedule to meet these commitments.
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