E-commerce

With the help of 2.5 million MSMEs in India online, they are empowered to export $ 3 billion: Amazon

Amazon India on Thursday said it had installed 2.5 million MSMEs computers, approved an export increase of about $ 3 billion and helped create nearly a million jobs in the country. Last year, Amazon announced a USD 1 billion investment to empower 10 million digital, small and medium-sized businesses (10MMs), enable USD 10 billion e-commerce …

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E-commerce companies urge govt to maintain FDI policy

The companies discussed FDI’s trade policy with the Department of Industrial Development and Internal Trade (DPIIT) at a meeting on Thursday. Representatives of at least a dozen companies, including Amazon, Flipkart, Reliance, Snapdeal, Paytm, Tata Cliq, Grofers and Pepperfry, attended the meeting. Pepperfry said any change in policy could have an impact on investor sentiment. …

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