29.06.2020 Amazon Daily Analysis

29.06.2020 Amazon Daily Analysis

The Indian unit of Amazon.com Inc (O:AMZN) has eliminated all single-use plastic in its packaging across fulfillment centers in the country, in line with its target to weed out the packaging material by June, the e-commerce giant said on Monday. Amazon often criticized for using too much plastic and thermocol to wrap its billions of packages of shipments, had said last September that its India unit would replace single-use plastic in its packaging by June 2020. Last October, Prime Minister Narendra Modi had called on citizens to help end the usage of single-use plastic - seen as a pollutant - by 2022. The Asian country of 1.3 billion does not have an organized system for the management of plastic waste, leading to extensive Littering.