Oct 042014

Online retailer Amazon

Online retailer Amazon.com Inc plans to sell packaged food and beverages in India from mid-October.

Amazon, which has already started accepting bookings for Coca-Cola Zero – the beverage’s low-calorie variant, will eventually start selling fresh food in India, the ET said. Amazon is already in talks with brands like Kelloggs and Cornitos, the paper said.

In July, Amazon said it will invest a further $2 billion in India after the country’s largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce sector.

Contributed By Sonia Narula

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