Amazon sees 'huge opportunity' for India grocery service: Executive

Grocery business will spread 'deep into Bharat', says e-commerce firm as it shuts down some other smaller units

Amazon sees a "huge opportunity" for its grocery service in India though it is shutting down its distribution platform, food delivery and education technology unit in the country.

“We plan to continue expanding grocery (service) in India,” said Srikant Sree Ram, director, Amazon Fresh, in an interview. “It continues to be a key priority for us.”

The grocery service is upbeat despite Amazon implementing an annual review process that will include off employee layoffs amid global macroeconomic uncertainty.

Amazon competes with Walmart-owned Flipkart, Reliance’s JioMart and the Tata group for a share in India’s grocery and food market, which analysts