Amazon is believed to have made a fresh investment in its most important market, India. The e-commerce giant has pumped in Rs 130 crore (about $20 million) in its logistics unit Amazon Transportation Services (ATS) in India as per a filing with the Registrar of Companies. This is Amazon’s second investment in ATS this year after the Rs 207 crore it infused in March, FE reported. Speculations are rife that Amazon might be gearing up for drone deliveries in India, as the investment comes in the wake the Directorate General of Civil Aviation (DGCA) inviting public comments on regulations governing the commercial use of drones. Also Read - Redmi Note 10S with Rs 1,000 discount on Amazon sale: Check offer details, new priceAlso Read - OnePlus Nord CE 5G, OnePlus TV U1S launch in India today: Event time, how to watch the event
India’s minister of state for civil aviation Jayant Sinha had recently stated, “e-commerce deliveries using drones are certainly going to be possible in India. Companies like Amazon and Flipkart can deliver products with the technological developments we are seeing in the aviation ecosystem. Amazon is possibly better equipped to launch a drone delivery service than any other domestic e-commerce operator right now. ALSO READ: Prime Video and Echo to be Amazon s focus areas in India now: Report Also Read - Amazon School from Home store live in India: What's new
In October, Amazon had reportedly filed a patent application in India for a set of marks placed on an object to help an imaging system identify it. This system allows delivery drones to recognize objects from a distance and navigate better. It also helps it avoid collisions with other flying objects like airplanes. Prior to that, Amazon had filed a separate patent for propeller technology to improve the safety of its drones. Hence, the likelihood of a drone delivery service launch in India cannot be ruled out. ALSO READ: Prime Video and Echo to be Amazon s focus areas in India now: Report
The Seattle-based firm’s latest investment follows a spate of recent fund infusions in its India business. Last month, Amazon Singapore and Amazon Mauritius had pumped in Rs 1,620 crore in Amazon’s marketplace unit in India. And prior to that, Amazon is said to have made investments to ramp up Amazon Pay in India in the wake of a steadily heating up payments market. “We remain committed to our India business with a long-term perspective to make digital payments a habit for Indian customers and to invest in the necessary technology and infrastructure to grow the entire ecosystem,” an Amazon spokesperson had said.