Boost for Amazon India Chief Amit Agarwal, inducted to CEO Jeff Bezos’s core teamNew Delhi: Buoyed by the tremendous growth of Amazon India and an indication of the importance India holds in the international retail market for multi-nationals, the Seattle-based company has now decided to introduce country managing
New Delhi: Buoyed by the tremendous growth of Amazon India and an indication of the importance India holds in the international retail market for multi-nationals, the Seattle-based company has now decided to introduce country managing director Amit Agarwal to the S-team of founder & CEO Jeff Bezos.
Bezos’s S-team is a set of senior (the S stands for senior) leaders who have a direct line to Bezos and play an important role in decision making of the $107-billion e-commerce company.
According to an ET report, Bezos had sent an email to selected employees that read: "Please join me in welcoming Amit to S-team. Amit and our India team are doing remarkable things. Amit and his experience in India will be a key resource for all of us on S-team as we work to figure out what it is to be a true global company."
Reports suggest that under Agarwal's leadership, Amazon has captured a significant market share of India's e-commerce market. He was the one to introduce local innovations like Amazon Now, which brings local small stores online through its platform.
In December last year, Amazon issued advertisements in leading newspapers in India saying Amazon.in had become the most visited e-commerce site in India.
According to reports by ComScore, Amazon had 30 million unique visitors in October, ahead of Flipkart, with around 27 million, Jabong having around 21 million, and Snapdeal with 18 million.
Amazon India is the second biggest investment market, after the US, and the company expects the country to overtake Japan, Germany and the UK and become its largest overseas market in the next few years.