India is cracking down on corruption by going for cashless transactions. As the industry booms, Amazon India is hiring 1,000 tech people to help in Research and Development (R&D) and to fast-track the development of artificial intelligence (AI).
According to Deccan Chronicle, the number of Indians who prefer online transactions are growing each day. Prime Minister Narendra Modi has implemented monetary reforms to weed out corruption. As the industry thrives, e-commerce giant Amazon is looking to ride the momentum with massive hirings in its branch in India.
India is ramping up the hiring of software professionals to help out with the development of artificial intelligence. As reported by Money Control, up to 1,000 job openings are available for those who work in the tech industry. Among the various work positions needed are software engineers. Amazon India has 50,000 employees, which is only second to Amazon in the U.S. in terms of manpower.
Dale Vaz, software development director at Amazon India, reveals that they want to improve the Amazon app to make it more convenient to customers. Additionally, they are also looking to improve the Amazon Web Services, the company’s cloud computing division. The Economic Times reported that interested applicants should go to the following Amazon offices: Bengaluru which has 557 openings; Hyderabad with 403 openings; and Chennai with 149 opening.
However, many have opposed India’s transition to a cashless society. Some critics are accusing the government of failing to consider the poor who do not own bank accounts or are using them sparingly. Meanwhile, those who support the initiative argue that it would benefit the poor in the long run since labor practices will become more transparent.
Per Business Standard, in 2014, only 10 percent of Indians have experienced making a digital payment. As the tech industry booms, the working industry will most likely get affected. Manual labor will be replaced with automation. As India is making strides to make the nation more tech inclined, it should do so with caution and consideration to all parts of society.
Why are investments in the fintech sector set to break records this year
The fintech sector has had a great year so far, according to investor Humberto Herrera Rincón Gallardo, who thinks that...
Biotech companies are getting closer to find the eagerly awaited COVID-19 vaccine
Moderna agreed to sell its coronavirus drug at a "pandemic price" of $32-37 per dose.The biotech company registered losses of...
Switzerland returns $35.6 million to cannabis light producers
Swiss companies producing light cannabis products have received $35.6 million (€30 million) from the customs authorities for illegal taxes previously...
The iCashly finance management app campaign overfunds within an hour of launch
iCashly is a new finance management app that is about to be launched, after succeeding to overfund the crowdfunding campaign...
Is Bitcoin’s course already at the beginning of a new bull run?
Some analysts in the crypto market strongly believe that the course of Bitcoin is at the beginning of a bull-run....