Amazon one of the world’s largest e-commerce site has not been back at all the areas be it the e-commerce or it’s own in house brands or robotics or new innovations. The Amazon Robotics website mentions about their vision of the big picture, imagining a better one, and make the connections that turn complex problems into elegantly simple solutions. Amazon robotics has really practiced what it preached.
Amazon recently in re:MARS conference in Las Vegas released and spoke about two new robots that will be deployed in their warehouses which will automatically sort their packages and move them. According to a report by CNBC, The new robots are named Pegasus and Xanthus, Amazon Robotics vice president Brad Porter said in a presentation, since 2012, he said, Amazon has deployed over 200,000 robotic drive units in its operations (creating at least 300,000 jobs in that same time). These robots have specifically been designed for individual packages for the company.
“Our new Pegasus drive units help to reduce sort errors, minimize damage & speed up delivery times. The Xanthus family of drives brings innovative design, enabling engineers to develop a portfolio of operational solutions, all of the same hardware bases through the addition of new functional attachments. We believe that adding robotics & new technologies to our operations network will continue to improve the associate & customer experience, spokesperson for the company said in a statement issued at the event as stated on trickhatmedia.com.This comes few days after Amazon started a new, fully electric version of its package delivery drone which will start shipping packages to consumers “in a matter of months.”
This shows how foreign companies are more interested in investing in India as they find India as a potential growth market, many companies are investing in India considering vast youth power and abundance of consumers. Amazon has recently made an investment of Rs 2,800 crore in its India unit. The investment can also be termed as giving a tough competition to its prime competitor Flipkart which was acquired by Flipkart last year. This is also the first investment since Amazon’s announcement about shutting down its Chinese marketplace by mid-July. With the Indian e-commerce market projected to grow to $200 billion by 2026 from $38.5 billion in 2017 e-commerce will be a huge market and no company can afford to make any mistakes.