Union Minister Nitin Gadkari unveiled the Amazon India ‘Exports Digest 2020’, strongly reinforcing that boosting exports is the key to the quick revival of the MSME sector.
At the launch, Amazon announced that cumulative exports through Indian sellers on the Amazon Global Selling program have crossed the $2 billion milestone. In January 2020, Amazon had pledged to enable $10 billion in cumulative exports by 2025 helping Indian businesses grow by selling online worldwide.
“As people worldwide stayed at home over the last couple of months, it has been heartening to see thousands of Indian MSMEs who are part of the Global Selling program successfully fulfil customer needs around the world. In these challenging times, e-commerce exports has provided a robust model for these Indian exporters helping them sustain their business and support the people and families who depend on their business. Amazon Global Selling will continue to provide an easy and quick-to-scale channel for exports for Indian MSMEs”, added Amit Agarwal VP and Country Head Amazon India
“I would like to congratulate all the MSMEs who have been working with Amazon to take their locally manufactured products, global. It is a testament of the skill and entrepreneurial spirit of Indian MSMEs. The MSME sector is a major job creator and the backbone of the Indian economy, contributing over 28% to India’s GDP and about 48% to the country’s exports. They will continue to play a critical role in the country’s economic revival and help overcome the current pandemic. Exports is a key priority for the Government and we are focused on supporting the Indian MSMEs be more successful in the international markets and increasing the MSMEs’ share of exports to 60%,” said Nitin Gadkari.
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