When Amazon is betting even more on India!
The last deal from Amazon beyond the 9,5 % they purchased on Future Retail is clearly a bet on the future change on the Indian regulations on Retail (FDI)
Amazon is like a wise wolf salivating on the idea of eating entirely Future Retail Groupe. And for that, he is ready to wait 8 to 10 years…
Future Retail operates all food and grocery stores such as Big Bazaar, Easy Day and Nilgiris. Future Group, beyond Future Retail, controls other companies like Future Consumer, Future Lifestyle Fashions and Future Supply Chain Solutions. Almost 50% of its total sales through its retail networks now come from its own brands.
Synergy is huge because Amazon will have access to 2000 stores across 355 cities in India, 80 brands in FMCG, food and fashion. This can be a frontface presence for distributing any Amazon product across the country. Amazon can help Future Groupe to have a super strong presence on the digital front and scale his digital payments Amazon Pay with Future Pay e- wallet.
What is next for Amazon in India? We will keep you posted for sure!