Amazon helps 2.5 million small businesses go online in India

E-commerce company amazon

E-commerce company amazon

Amazon India on Thursday said that it has helped 2.5 million small and medium businesses go online and has achieved a total export target of USD 3 billion and created millions of jobs through them.

new Delhi. Amazon India on Thursday said that it has helped 2.5 million small and medium businesses go online and has achieved a total export target of USD 3 billion and created millions of jobs through them. Last year, Amazon announced an investment of one billion US dollars to digitally enable 10 million micro, small and medium enterprises (MSMEs).

Through this exercise, the target of achieving US $ 10 billion exports by 2025 and employing 1 million additional people was set. “Over 2.5 million new vendors have come online since the last ‘possible’ announcement (in January 2020) and joined Amazon,” Amit Agarwal, country head and global senior vice-president of Amazon India, told PTI. The online arrival rate of sellers is 50 percent higher than before Kovid-19.

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He said that about one-third of these vendors are using local Indian languages, such as Tamil, Kannada and Marathi. He said that more than 50,000 retailers have joined his local shop program. It has increased 10 times during the last six months. Through this program, grocery stores in the neighborhood are made online. Amazon’s country head Amit Aggarwal told the Economic Times in an interview that the company provided employment to nearly three lakh Indians in the last one year. is. This is one-third of the number of jobs that target company founder and CEO Jeff Bezos has set to achieve by 2025. He set this target during his tour of India in January 2020.




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