Floris Moest, a young professional with a background in international business who has prior experience doing several projects for foreign companies in Europe, was send by NXT to its office in Bangalore, India. Starting off as a management trainee, he works in close...
NXT Trade India becomes a technology partner for Amazon India.
In August 2021 NXT TRADE India became the new technology partner for e-commerce giant Amazon India on behalf of the Dutch company Jonge Poerink Conveyors (JPC).
Amazon India is expanding its network very fast and plans to build 100+ new sortation and fulfillment centers in the coming years. With the increased storage capacity Amazon will be able to offer customers a faster delivery from a wider selection of products.
NXT TRADE India as the technology partner of Amazon India will play an active role in the development of efficient conveyor and spiral solutions in the new fulfillment centers of Amazon India.
Dutch company Jonge Poerink Conveyors (JPC) is a globally acknowledged specialist in reliable internal conveying systems and together with NXT TRADE engineered technology solutions specifically for the fast-growing e-commerce industry.
JPC is known worldwide as the premium manufacturer of conveyors. Its expertise features custom conveyors in addition to standard curves, spiral, and transfer conveyors. The company owes its prominent market position to a constant awareness of discovering and adopting new technologies. This innovative drive remains at the core of the company.
India is an increasingly important growth market for Amazon, as the country is one of the last big consumer markets and is estimated to generate USD 200 billion in e-commerce sales by 2026, according to American multinational investment bank and financial services company Morgan Stanley. As a market, India could potentially contribute 15% to 20% to Amazon’s growth over the period 2020 – 2025. The American e-commerce giant announced in 2020 that it will invest at least USD 6 billion in India.
In the same year, the company launched its Local Ships on Amazon program in India, enabling customers to place orders from their neighborhood stores and get quick deliveries through the Amazon infrastructure. Boosting sales immediately and adding new categories like groceries, furniture, electronics, apparel, and toys. American management consulting firm Kearney points out that e-commerce growth in Tier 2 and Tier 3 cities is outpacing that of Tier 1 cities. As such scaling up in regional fulfillment centers is a must for Amazon in India.