Tamil Nadu's E-commerce Boom: Amazon's Record 35% Growth in Premium Product Sales
Amazon has recorded a 35% year-on-year growth in Tamil Nadu, driven by high demand for premium products. Factors such as easy EMI options and strong sales in Tier II and III towns have contributed to this surge. The company announced new launches and services ahead of the Great Indian Festival.
- Country:
- India
Tamil Nadu has seen a remarkable 35% year-on-year growth in e-commerce, driven by a huge demand for premium products, according to Amazon officials.
The surge in consumer interest spans across high-end electronics such as smartphones above Rs. 30,000, double-door refrigerators, and action cameras. Flexible EMI options are a significant contributor to this growth, Amazon India Director of Consumer Electronics, Ranjit Babu, revealed.
Babu noted that Tier II and III towns in Tamil Nadu, such as Salem, Madurai, and Tiruchirappalli, are also showing strong sales. The company has 95,000 sellers in the state and is bullish on its potential, especially with the upcoming 30-day Great Indian Festival which promises new launches and high demand for electronics.
(With inputs from agencies.)
ALSO READ
40 rescued from Mumbai housing complex fire; filmmaker Sandeep Singh's premises affected
India entered semiconductor industry a bit late, but will soon start exporting: Shah
Chemical fertiliser use root cause of many diseases, natural farming to boost farmers' income: Shah
Ban on women using smartphones in Rajasthan withdrawn; elders say prohibition kept children in mind
On 101st birthday, rivals recall being in awe of Vajpayee, say he was without enemies, only rivals
Google News