More than 11.6-lakh (1.16-million) direct and indirect jobs has been cumulatively created by Amazon India in India till date. Also, Amazon has enabled nearly $5 billion in cumulative exports and digitized over 40-lakh (4-million) MSMEs. At the first edition of annual Amazon Smbhav event, Amazon had pledged to digitize 1-crore (10 million) MSMEs, enable $10 billion in cumulative exports and create 20-lakh (2 million) jobs in India by 2025. Amazon is well on track to fulfill these pledges, while in fact doubling its export pledge from India, to now enable $20-billion in cumulative exports from India by 2025. At Amazon Smbhav 2021, Amazon had announced the $250 MM Amazon Smbhav Venture Fund to invest in startups and entrepreneurs who are focused on technology innovations. The fund is focused on supporting entrepreneurs and startups that are doing innovative work in the area of SMB digitization.
“We have cumulatively created over 11.6-lakh jobs, enabled nearly $5 billion in exports and digitized over 40-lakh MSMEs in India. As we continue to work with MSMEs across the country, we remain committed to bringing new tools, technology and innovation that will unleash the entrepreneurial spirit of Indian businesses, boost exports from the country and help create jobs at scale. We strongly believe that technology and mobile internet will continue to positively impact India’s economic growth, and we see Amazon playing a larger role in the country’s digital transformation and a modern, thriving digital economy”, said Manish Tiwary, Country Manager, India Consumer Business, Amazon India.
