 "Manish Tiwary")
Manish Tiwary, VP & India Manager, Amazon. (Photo: Kamlesh Pednekar)
Amazon.com India’s country head Manish Tiwary has resigned after an eight-year stint and will leave the e-commerce giant in October, the company said on Tuesday.
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His resignation comes as Amazon is fast expanding in India where it plans to invest $26 billion by 2030, but also faces a strict regulatory environment that forces it to run only a marketplace.
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Tiwary has decided to pursue an opportunity outside of the company, Amazon said, without elaborating, and will stay at the company until October to ensure a smooth transition.
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Tiwary did not immediately respond to a query seeking comment.
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Reuters was first to report about Tiwary’s departure earlier on Tuesday.
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Amazon has not immediately named a successor for the top job in India, a source familiar with the matter said.
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Amit Agarwal, senior vice president for emerging markets, will remain closely involved with the India team, Amazon said in its statement, noting “India is an important priority”.
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The e-commerce giant is currently facing an antitrust investigation for favouring select sellers on its India website, an allegation it denies.
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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Aug 06 2024 | 6:47 PM IST
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