Latest News | Amazon India Enables Exports Worth over Rs 66,000 Crore, Digitises 62 Lakh MSMEs

Get latest articles and stories on Latest News at LatestLY. Amazon India on Thursday said it has cumulatively digitised 62 lakh micro, small, and medium enterprises (MSMEs) and enabled exports worth USD 8 billion.

New Delhi, Aug 10 (PTI) Amazon India on Thursday said it has cumulatively digitised 62 lakh micro, small, and medium enterprises (MSMEs) and enabled exports worth USD 8 billion.

As part of its 2025 pledge for key focus areas of job creation, exports, and digitising MSMEs, the company has created 13 lakh direct and indirect jobs out of its pledge to create 2 million (20 lakh) jobs.

Also Read | Hike Layoffs: Blockchain Gaming Company Sacks Around 55 People After 28% GST Imposed on Online Gaming.

Amazon is well on track to fulfil its pledges, it said.

In the last one year, the company said it has helped create about 1.4 lakh direct and indirect jobs across industries like IT, e-commerce, manufacturing, content creation, and skill development.

Also Read | BPSC Admit Card 2023 to Be Released Today on bpsc.bih.nic.in, Know How to Check.

Started in 2021, Amazon Smbhav Venture fund is a USD 250 million fund focused on startups in technology, agriculture, and health, among others.

The fund has invested in startups such as FreshtoHome, Hopscotch, Cashify, smallcase and MyGlamm in the last 24 months, Amazon said in a statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now