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Today Date : Friday, May 24, 2024

Amazon announces new initiatives to boost digital economy and exports

Amazon announces new initiatives to boost digital economy and exports

“We are excited about the growth and the long-term potential in the Indian market and the opportunity to serve millions of consumers and sellers in India. We had recently announced an incremental investment of $15 billion in India across all our businesses by 2030 and will continue to be a partner in India’s growth in the 21st century”, said Amit Agarwal, SVP India & Emerging Markets, Amazon while sharing Amazon’s future outlook in India at the fourth edition of Amazon Smbhav Summit in New Delhi.

Amazon Smbhav is the annual thought leadership Summit hosted by Amazon that brings together policy makers, eminent industry leaders, startups and Amazon leadership for invigorating discussions on best ways to unlock the infinite possibilities for a Digital India.

“I congratulate Amazon on SMBhav 2023. I am delighted to know about Amazon's commitment to digitizing 10 million MSMEs, enabling 2 million jobs, and driving $20 billion in e-commerce exports from India by 2025. For lakhs of small businesses across India, digitization can offer economic growth, broader customer reach, reduced marketing & distribution expenses, and access to foreign markets” said Dr. Jitendra Singh, Minister of State (I/C), in the Prime Minister's office.

Manish Tiwary, Country Manager India Consumer Business, Amazon India, 

 Shri. Vineet Pandey Secretary, Department of Posts and Chairperson, Postal Services Board, Ms. Jaya Verma Sinha Member, Operations and Business Development, Railway Board, Indian Railways also spoke.