Business
Amazon’s Second Top Executive In Less Than a Year
(CTN News) – Vaishali Kasture, the executive appointed by Amazon to temporarily lead AWS India and South Asia, has resigned from the company, according to a source familiar with the situation as reported by TechCrunch. This decision comes after just seven months in her position.
Amazon has not yet responded to requests for comment via email and phone. India is considered a crucial market for AWS, with the company actively pursuing partnerships with hundreds of thousands of businesses in the second-largest internet market worldwide, including government entities.
In May of this year, the e-commerce giant announced its plan to invest $12.7 billion in its cloud business in India by 2030, a significant amount of capital that surpasses its competitors.
To provide context, IDC predicts that India’s entire public cloud services market will only reach $13 billion by 2026.
Kasture, who joined Amazon approximately five years ago, assumed the role of interim leader for commercial business at AWS India and South Asia in June of this year. The specific reason for her departure remains unknown.
After her predecessor Puneet Chandok suddenly left the company to take on a leadership role at Microsoft India, she was promoted to the top position.
Until two weeks ago, Kasture had shown great enthusiasm and optimism regarding the growth prospects and momentum of Amazon Web Services in India.
In a LinkedIn post, she stated, “Our planned investments in India will exceed $16.4 billion or 1.36 lakh crores by 2030, and we anticipate that this will contribute $23 billion to India’s GDP by then.”
Furthermore, apart from investing in infrastructure and services, we are also focusing on developing our workforce and providing training. AWS has successfully trained over 4 million individuals in India through various educational and training programs.
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