Updated August 27th, 2019 at 16:47 IST

Amazon launches Military Veterans Employment Programme in India

Amazon India on Monday announced the launch of a Military Veterans Employment programme that it said will create hundreds of opportunities for military veterans

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Amazon India on Monday announced the launch of a Military Veterans Employment programme that it said will create hundreds of opportunities for military veterans and their spouses across Amazon India's Fulfillment Centres, Sort Centres and Delivery Centres in the country. Amazon India is partnering with the Office of the Director General of Resettlement (DGR) and the Army Welfare Placement Organisation (AWPO) to create continued work opportunities for military families across the country, it said in a statement. Amazon relates to and respects the principles and work ethics of those who have served, and believes they have the ability to think big, invent and simplify on behalf of its customers, it was stated.

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Amazon has history of hiring military veterans

Over the years Amazon India has hired military veterans into various roles across the company in Transportation, Customer Fulfillment, Facilities Management and Security Operations to name a few, said Akhil Saxena, Vice President  Asia Operations, Amazon. "We are very happy to build further on these efforts and partner with DGR and AWPO to help create hundreds of fulfilling and exciting career opportunities for our military families who have relentlessly served the country," Saxena said. With two pilot programmes underway, Amazon is confident of scaling the Military Veterans Employment Programme, and extending its engagement to hire remarkable talent from the Army, Air Force, Navy and Police families in the future, he said.

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Amazon hires veterans globally

Globally, Amazon has over 17,500 military veterans and spouses actively engaged in the programme. "The MoU between DGR and Amazon India is in final stages of approval and participation of Amazon in all upcoming job fairs across India has been approved by DGR," a spokesperson from DGR said. 

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Amazon signs deal to buy stake in Future Retail

American e-commerce giant Amazon has signed a deal that would give it the option to take a significant stake in Future Retail Ltd, gaining access to physical stores across the world's fastest-growing retail market. The deal would indirectly give Amazon a 3.58 per cent stake in Future Retail Ltd, which runs more than 2,000 stores, including budget department and grocery chain Big Bazaar, in 400 cities in the Asia's third-largest economy, the Indian firm said in a regulatory filing. Future Retail said Amazon has agreed to buy a 49 per cent stake in Future Coupons Ltd. Future Coupons owns a 7.3 per cent interest in Future Retail Ltd (FRL).The agreement - subject to regulatory approval - gives Amazon the option to buy all or part of Future Coupons' shareholding in Future Retail. 

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Published August 27th, 2019 at 16:13 IST