Amazon indicators an MoU with Authorities of Karnataka to drive e-commerce Exports for lakhs of MSMEs within the state
Amazon India signed a Memorandum of Understanding (MoU) with Division of Industries & Commerce, Authorities of Karnataka to assist drive e-commerce exports from the state. As a part of the MoU, Amazon will practice and onboard MSMEs from the state on Amazon World Promoting, its Exports Program, enabling them to promote their distinctive Made in India merchandise globally to hundreds of thousands of Amazon clients throughout 200+ international locations and territories. Amazon World Promoting lowers the entry barrier for motivated Indian MSMEs to develop their enterprise and launch their manufacturers globally from wherever in India. With this program, homegrown companies get immediate entry to international markets from Day 1, benefiting from Amazon’s distribution capabilities and international footprint to scale quickly, making a sustainable exports enterprise.
Amazon will conduct trainings, webinars and on-boarding workshops for exporters from key MSME clusters like Bellary, Mysore, Channapatna and others. The workshops will deal with sharing data and imparting trainings to MSMEs about B2C e-commerce exports and promoting worldwide by Amazon’s 17 worldwide marketplaces to over 300 million clients worldwide. These workshops goal to allow MSMEs with the data and instruments to launch their manufacturers and develop their enterprise in worldwide markets by Amazon World Promoting.
Shri Jagadish Shettar, Hon’ble Minister for Giant and medium scale Industries, Authorities of Karnataka stated, “Karnataka has a vibrant vehicle, agro, aerospace, textile and garment, biotech, and toys / handicraft sectors which is held collectively by lakhs of MSMEs. Our partnership with Amazon India will encourage our MSMEs to leverage Amazon’s international presence and showcase their merchandise to clients internationally. That is additionally an effort to show the energy of the state’s manufacturing and innovation prowess and our authorities stays dedicated to make Karnataka a horny enterprise and funding vacation spot.”
Abhijit Kamra, Director – World Commerce, Amazon India stated, “This partnership with the Authorities of Karnataka is a step in direction of elevating lakhs of MSMEs from throughout the state to a world degree. The Amazon World Promoting program has enabled greater than 70,000 Indian exporters to cross $2billion in cumulative exports, which showcases crores of Made in India merchandise. This system, which had hit cumulative exports of $1billion in 2019, noticed a 100% enhance within the subsequent 18 months to cross the $2billion milestone. We stay dedicated in direction of making exports simple for Indian companies and empower them to faucet into their true potential, thus contributing to the imaginative and prescient of an Aatmanirbhar Bharat.”
This system is quickly boosting exports from India and serving to construct international Indian manufacturers. In January 2020, Amazon had pledged to allow $10 billion in cumulative exports by 2025 serving to Indian companies develop by promoting on-line worldwide.