Bengaluru: Amazon India on Wednesday signed a Memorandum of Understanding (MoU) with the Federation of Indian Export Organisations (FIEO) to boost exports from micro, small, and medium enterprises (MSMEs) in India. Through this collaboration, Amazon and FIEO will establish a dedicated ecommerce export task force to jointly develop a policy and infrastructure roadmap that supports seller enablement and drives awareness about ecommerce export opportunities among MSMEs across India, Amazon said in a statement.

This partnership will help build capacities of small businesses across India and manufacturers. This collaboration is an important step in Amazon’s progress towards its goal of enabling $80 billion in cumulative ecommerce exports from India by 2030.

As part of the MoU, Amazon and FIEO will conduct capacity-building sessions for exporters across key export strength categories like home linen & decor, health & personal care, apparel, toys among others. The initiative will create networks of offline local communities to support sellers across their export journey. FIEO will nominate high-potential sellers and manufacturers from export-relevant categories such as handicrafts, home textiles, wellness products, and packaged foods, and Amazon will assist these businesses by guiding them through onboarding, compliance, and scaling their operations in international marketplaces, the statement added.

News Credits- DECCAN HERALD