“We have cumulatively created over 11.6 lakhs of work, enabled nearly $ 5 billion in exports and digitized over 40 lakhs of micro, small and medium-sized enterprises (MSMEs) in India,” said Manish Tiwary, country manager, India Consumer Business , Amazon India.
Earlier this month, Amazon announced that it aims to export $ 20 billion worth of India from India by 2025, thereby doubling its target. In 2020, Amazon pledged to allow $ 10 billion in cumulative exports from India by 2025.
In January 2020, the company committed to digitize 1 crore of MSME.
To date, it has authorized over 40 million SMEs including vendors, artisans and weavers, delivery and logistics service partners, etc.
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“Technology and the mobile internet will continue to have a positive impact on India’s economic growth and we see Amazon playing a more important role in the country’s digital transformation and in a thriving modern digital economy,” added Tiwary.
The company announced $ 250 million last year
Amazon Small Business Venture Fund to invest in startups and entrepreneurs who are focused on technological innovations.
Within the fund,
Amazon has already invested in startups like MyGlammM1xchange and Small Case.