- In a sudden move, Amazon India announced on August 6 that its country head, Manish Tiwary, has resigned to pursue an opportunity outside the company.
- Amit Agarwal, SVP India and Emerging Markets, will oversee operations in India, with Tiwary’s team reporting to him, as Amazon does not plan to hire a replacement.
- The leadership change comes amid a backdrop of reduced competitive intensity for Amazon in India, with rivals like Flipkart and quick commerce companies gaining ground.
- Industry buzz suggests a power struggle between Tiwary and Agarwal, with the latter being a long-time insider and part of Jeff Bezos' senior leadership team.
- Amazon India has faced challenges, including high attrition and slower growth compared to competitors, but the company is doubling down on its cloud services business, AWS, with significant investment planned.
Source: https://www.moneycontrol.com/news/business/startup/power-struggle-amit-agarwal-in-control-of-amazon-india-as-manish-tiwary-bows-out-12789144.html
