Amazon.in and CII have signed a memorandum of understanding (MoU) to bring the benefits of e-commerce to micro small and medium enterprises (MSMEs) in 10 states across India. Amazon.in and CII will work closely with the ministry of MSME to enable lakhs of MSMEs across these states to leverage technology to reach customers in India and globally.

As part of the MoU, Amazon.in and CII will conduct trainings, workshops and host masterclasses to enable MSMEs to sell online. Amazon and CII will work together to create a special Exports Module to simplify exports with e-commerce for lakhs of MSMEs across India. This module will have a detailed step by step guide for MSMEs to start exporting using e-commerce.

The MoU was signed at the 17^th Confederation of Indian Industry (CII) Global SME Business Summit, held virtually. The announcement is in sync with the three key announcements – digitising 10 million MSMEs; enabling $10 billion in e-commerce exports and creating 1 million jobs by 2025 – made by Amazon India in January 2020.

“MSME are important job creator and forms the backbone of our economy. In the next 5 years, technology and e-commerce will play a key role in enabling this growth and ensuring the success of millions of MSMEs in domestic as well as international markets. I am pleased to see CII and Amazon working together on this critical agenda. The combined efforts of government and the industry will bring us closer to realising the vision of an Aatmanirbhar Bharat,” said MSMEs minister Nitin Gadkari at the Summit.

CII and Amazon will also publish regular reports that will include market analysis and insights for MSMEs on promising categories, marketing, and branding of their products, logistics, MSME success stories and information on top performing products.

“The pandemic has made apparent the role that technology will play through meaningful interventions. Given the rapid shift towards adoption of digital solutions, it is necessary for MSMEs to receive the information and support that will aid in their digital transformation. Education about e-commerce and e-commerce exports will enable MSMEs to identify opportunities that help them access national and global customers. We are excited about our partnership with Amazon that will help bring e-commerce closer to MSMEs and drive their digital transformation,” CII director general Chandrajit Banerjee said.

“We remain committed to enabling and equipping MSMEs across India with the right knowledge, tools and technology to build and scale their business in India and globally. This commitment is more important than ever as we continue to work with lakhs of sellers, delivery partners and other MSMEs, helping them revive and grow their business with Amazon. As we continue to work closely with the government on this important agenda, our collaboration with CII will help bring more and more MSMEs online, help them be part of the growing digital economy and create newer business opportunities for them,” said Amazon India senior VP and country head Amit Agarwal.

Fibre2Fashion News Desk (RKS)

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