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Amazon launches online pharmacy in India

Amazon launches online pharmacy in India

Online retail giant Amazon has launched an online pharmacy in India, marking its entry into the online medicine market in the country.

Amazon Pharmacy will make its debut in Bangalore and will be trialed in other cities throughout India.

The move comes as an significant boost was given to the online drugs sector during the coronavirus pandemic.

The Amazon Pharmacy service provides prescription, over-the-counter and traditional Ayurvedic medicines as well as basic healthcare devices.

“This is especially important nowadays because it will help clients meet their basic needs while remaining healthy at home,” a spokesperson for Amazon said.

In 2017, Amazon started expanding into pharmacy retailing, and the next year it acquired PillPack, a US-based home delivery drugs startup.

The company introduced its Amazon Pharmacy branding to service PillPack at the end of last year.

In January, Amazon in the UK, Australia and Canada filed a patent for the name Amazon Pharmacy.

The move was seen as a sign that the firm was going to grow its prescription drugs business substantially outside the US.

In recent months India has seen US technology giants investing billions of dollars.

Amazon’s chief executive, Jeff Bezos, pledged earlier this year to make big investments in India.

Speaking at a corporate event in New Delhi in January, he said the twenty-first century is “the Indian century”

Amazon has set ambitious growth plans in the world’s largest economy, where it has spent around $6.5 billion ( £ 5 billion).

Amazon joined the meal delivery business in India in May, with a trial in four parts of Banglore.

Google last month became the new major American player to invest in the digital sector of Indian conglomerate Reliance Industries.

The search engine owned by the Alphabet agreed to pay $4.5bn in Jio Platforms for a 7.7 per cent interest.

Google also said it will spend around $10bn over the next five to seven years in India in July, joining a list of potential investors in Jio that includes Facebook, Intel and Qualcomm.

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