Amazon said that it has created over 11.6 lakh direct and indirect jobs in India so far and is on track to meet its goal of 20 lakh direct and indirect employment by 2025.
The jobs fall under IT, e-commerce, logistics, manufacturing, content creation, and skill development amongst others.
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Doubling Export Target
Manish Tiwary, Country Manager, Amazon India Consumer Business made the announcement and said that it also facilitated nearly $5 billion in exports.
Its goal is to double its exports to $20 billion by 2025 from the $10 billion it had announced in 2020.
It has also digitised over 40 lakh MSMEs in India including merchants, craftspeople, and weavers, as well as delivery and logistics service providers.
Digital Transformation
The digitisation efforts are empowering small businesses including local retail stores, artisans and grassroot entrepreneurs to reach their customers and broaden their reach even further.
It is now closer to its goal of digitising 1 crore MSMEs.
Tiwary said that the company envisions having a greater role in India’s “digital transformation and a contemporary, vibrant digital economy”.
Venture Fund
Last year, the company inaugurated the $250 million Amazon Smbhav Venture Fund through which it will invest in start-ups and entrepreneurs who are focussed on technology innovations.
The fund will support entrepreneurs and start-ups that are doing innovative work in the area of SMB digitisation.
It has already invested in ‘MyGlamm’, ‘M1xchange’ and ‘Small Case’.
Involvement In Indian Entrepreneurship
Tiwary said that Amazon remains committed to bringing new tools, technology and innovation to facilitate the entrepreneurial spirit of Indian businesses, boost exports from the country and help create jobs at scale.
It strongly believes that technology and mobile internet will continue to positively impact India’s economic growth.
To that end, it pledges to leverage its people and tech resources to invest into focus areas such as new and emerging areas which have a high degree of innovation and entrepreneurial energy.
Rivals On Similar Track
Meanwhile, rival Walmart, the world’s largest retailer, has started offering Indian manufacturers and trading companies an opportunity to join Walmart Marketplace as cross-border sellers.
It laid out a detailed roadmap for local sellers with export goals as part of its efforts to expand its sourcing from India to $10 billion a year by 2027.
Walmart-owned Flipkart said last year that it has created direct seasonal employment for more than 115,000 people of which 15 per cent are women and people with disabilities.