3,500 Bengal MSME Traders Tap Into Global Markets Through Amazon September 24, 2024 MSME Sampark Msme News 0 In a major boost for Bengal’s MSME sector, approximately 3,500 traders have joined the Amazon Global Selling platform this year, expanding their reach to international markets such as the US, UK, Canada, Australia, and Germany. These traders represent a wide geographic area, hailing from districts like Kolkata, South and North 24 Parganas, Burdwan, Howrah, Hooghly, and Darjeeling. This participation highlights the increasing involvement of both urban and semi-urban businesses in global trade. The products being exported cover a diverse range of categories, including textiles, home appliances, kitchenware, luggage, shoes, and lawn and garden items. This expansion is expected to further connect Bengal’s small and medium enterprises (SMEs) with the global economy through e-commerce. Bhupen Wakankar, Director of Global Trade at Amazon India, commented on this growth, stating, “Amazon Global Selling is enabling exporters to reach customers worldwide. Our technology is making e-commerce exports simpler for MSMEs in Bengal and across India. We are dedicated to providing tools that help sellers increase their reach and boost sales.” Wakankar also noted Amazon’s goal to enable $20 billion in cumulative e-commerce exports from India by 2025, aligning with government efforts to enhance export opportunities for small businesses by offering digital infrastructure and global market access. This increased participation in international trade is poised to strengthen Bengal’s economy by providing local businesses with new avenues for growth while introducing global consumers to high-quality products from the region. Amazon’s platform has been a key entry point for Indian MSMEs to access international markets, offering exposure to millions of global customers without the need for a physical international presence. This development marks a milestone for Bengal’s MSME sector, promising enhanced visibility and revenue growth for thousands of traders venturing into global e-commerce. Disclaimer: This article is based on information available at the time of publication and is intended for informational purposes only. The details mentioned, including dates and financial figures, are subject to change. Readers are advised to verify specific facts independently before making any business or financial decisions. Popular Articles Msme News Govt launches 100cr Mutual Guarantee Scheme for MSMEs Msme News NITI Aayog Report Calls for Convergence of MSME Schemes to Improve Efficiency Msme News ₹8.1 Lakh Crore Is Stuck. And Your MSME Is Probably Part of That Number Msme News India-UK Free Trade Agreement to Boost Leather and Footwear Exports Beyond USD 900 Million MSME Exports India Just Hit a Seafood Export Record of ₹72,325 Crore — And MSMEs Drove Most of It Msme News Loans to MSMEs Show Uptick in Current Fiscal, Indicating Positive Trends Msme News India’s Manufacturing Growth Slows Slightly Amid Rising Costs Msme News MSME Priority Lending Surges to ₹26 Lakh Crore in September: RBI Data Msme News Budget 2025: MSME Loan Reforms, Mudra Yojana Expansion to Boost Small Businesses (PM MODI) Msme News Dr Vivek Bindra’s Bada Business Sees Rising Pan-India Participation in MSME Leadership Program
Be the first to comment