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Home Breaking News

Union Budget 2024: Amazon India welcomes move to set up ecommerce export hubs across the country

by NavJeevan
9 months ago
in Breaking News, Budget, Business, Companies, Human Interest, National
Reading Time: 1 min read
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FRL-Reliance merger: Apex Court issues notice to Future group on plea of Amazon
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NE BUSINESS BUREAU
CHENNAI, AUG 6

E commerce platform Amazon India has welcomed Finance Minister Nirmala Sitharaman’s announcement to set up ecommerce export hubs across the country in Modi 3.0 Budget.

“We welcome the Govt. of India’s announcement to set up ecommerce export hubs across the country through public-private partnerships. This, in addition to reforms proposed by the RBI for cross-border payments will play a critical role in empowering Indian MSMEs to reach global markets. Ecommerce exports represent a sunrise sector for India and we are seeing growing adoption of ecommerce exports by Indian businesses through our Amazon Global Selling program. We already have an MoU with the Ministry of Commerce (DGFT) to leverage Districts as Export Hubs initiative and boost MSME exports from India and will continue to collaborate with all stakeholders as we move closer to our goal of enabling $20 billion in cumulative ecommerce exports from India by 2025.”

Tags: across the countryAmazon Indiaecommerce export hubsset upUnion Budget 2024welcomes move
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