Noor Patel, one of the most senior executives at Amazon India heading category management, moving to US; dual leadership structure under Tiwary, Amit Agarwal likely.
Noor Patel, one of the most senior executives at Amazon India heading category management, moving to US; dual leadership structure under Tiwary, Amit Agarwal likely.
The industry, however, remains cautious on declaring this as the start of a sustained revival in discretionary demand among low- and middle-income consumers, which has been under stress for more than four quarters due to inflationary pressures.
Amazon India has announced that its 2023 festive sale is the best in its 13 years of operations in the country, driven by strong demand. According to market research firm Redseer Strategy Consultants, online sales in India during this festive season are expected to grow by 18-20%, reaching INR 90,000 crore.