Manish Tiwary, the Country Manager for Amazon India, has resigned after an eight-year tenure at the American e-commerce giant. His departure comes amidst increasing pressure from domestic competitors, such as Flipkart and Meesho.
Manish Tiwary’s Journey at Amazon India
Tiwary joined Amazon in May 2016 following an 18-year career at Unilever, where he held various roles in India and the Gulf region. During his time at Amazon, Tiwary was instrumental in expanding the company’s presence in India, a key market for the e-commerce giant.
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Competitive Landscape
According to TechCrunch, Amazon has been facing significant competition from local players. Flipkart, backed by Walmart, and Meesho, a fast-growing social commerce platform, have intensified the competitive landscape in India’s e-commerce sector. This mounting pressure is reportedly a factor in Tiwary’s decision to step down.
Recent Company Performance
Tiwary’s resignation comes on the heels of Amazon’s announcement of its second-quarter results for the period ending June 30, 2024. The company reported a 20% increase in ad revenue, reaching $12.7 billion, up from $10.6 billion in 2023. Despite this growth, the competition in the Indian market remains fierce.
Official Statement from Amazon
In a statement to TechCrunch, Amazon spokesperson Aditia Bhalla confirmed Tiwary’s resignation, stating, “Manish Tiwary, Country Manager for Amazon India, has decided to pursue an opportunity outside of the company.” The statement also highlighted that Amit Agarwal, SVP India and Emerging Markets, will continue to be closely involved with the Amazon.in team. Agarwal is expected to guide the strong leadership team at Amazon India to capitalize on market opportunities and drive the company’s growth forward.
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Future Outlook
Amazon’s leadership transition in India comes at a critical juncture. With Tiwary’s departure, the company will need to navigate the competitive pressures and leverage its strengths to maintain its market position. Under the guidance of Amit Agarwal, Amazon India aims to continue its growth trajectory and address the challenges posed by its rivals.
Conclusion: Manish Tiwary has Resigned Amazon India
Manish Tiwary’s resignation marks the end of an era for Amazon India. As the company looks ahead, the leadership team, led by Amit Agarwal, will play a crucial role in steering Amazon through the competitive landscape of India’s e-commerce market.
