- Wednesday, October 16, 2024
The top-level exit comes at a time when the US e-commerce giant is facing rising competition in India from players such as Flipkart and SoftBank-backed Meesho
By: shajil kumar
AMAZON India head and country manager Manish Tiwary has resigned after an eight-year stint, the e-commerce giant has confirmed.
Tiwary will continue with Amazon until October to help ensure a smooth transition.
The top-level exit comes at a time when the US e-commerce giant is facing rising competition from players such as Flipkart and SoftBank-backed Meesho, as well as the onslaught of firms like Blinkit, Swiggy’s Instamart and Zepto that are making aggressive inroads into the market as busy consumers opt for the convenience of instant delivery of grocery and many other household items.
In a statement on Tuesday (6), 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.in the preferred marketplace in India.” Tiwary had joined Amazon in 2016.
The company further said that Amit Agarwal, senior vice president India and Emerging Markets, will remain closely involved with the Amazon.in team.
India is an important priority for the company, Amazon emphasised.
“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 that Amit Agarwal will guide Amazon’s strong bench of leaders to deliver on this opportunity.
Last year, Amazon had talked of plans to invest $15 billion more in India, taking its total investment in the country to $26 billion. (PTI)
