The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| E-Paper
Search
+

    Now, Amazon will deliver medicines to you

    Synopsis

    The move comes amid increasing competition in India with rivals Walmart-owned Flipkart, billionaire Mukesh Ambani's upstart online grocery service JioMart and a range of other smaller players.

    Reuters
    Last month, the company decided to open 10 new warehouses in India and start offering auto insurance.
    BENGALURU: Amazon.com Inc said on Friday it will launch an online pharmacy in India that will serve the southern city of Bengaluru, the latest move by the e-commerce giant to widen its reach in a key growth market.

    The service, "Amazon Pharmacy", will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines, the company said in a statement, without giving a timeline for the launch.

    The move comes amid increasing competition in India with rivals Walmart-owned Flipkart, billionaire Mukesh Ambani's upstart online grocery service JioMart and a range of other smaller players.

    Last month, the company decided to open 10 new warehouses in India and start offering auto insurance. Amazon had also secured clearance for alcohol delivery in one Indian state, Reuters reported in June.

    India is yet to finalize regulations for online drug sales, or e-pharmacies, but the growth of several online sellers such as Medlife, Netmeds, Temasek-backed PharmEasy and Sequoia Capital-backed 1mg has threatened traditional drug stores.

    The companies have said they comply with all Indian laws even as many trader groups continue to protest against e-pharmacies, saying that would lead to sale of medicines without proper verification.

    "Amazon's customer base is very high, so we are bound to lose business. There are 5 million families dependent on this (offline) trade," Yash Aggarwal, legal head of South Chemists and Distributors Association in New Delhi, said on Friday.

    The group will raise objections against Amazon's move with the government, he said.

    Also Read

    6 Comments on this Story

    Harminder Puri43 days ago
    Chemists in India indulge in all types of malpractices and exploit both the customers and manufacturers. They buy back from the dishonest Doctors the costly medicines and other implements, which patient give to them for their treatment.
    varadharajan balasubramanian43 days ago
    my experience is I have a Pharmacist who regularly brings and gives all the medicines I want at my doorstep and collects the money through Google pay. No need to go and buy medicines through online.
    Madhudipa Sawant43 days ago
    Retailers provide employment to lot of people. Local stores have to get priorty for this factor. The quality of medicines should be improved however, only established brands should be kept for sale.
    The Economic Times