| | SEPTEMBER 20239On August 31, at the Amazon SMBhav summit, the ecommerce giant announced a collaboration with Indian Railways and Indian Post to facilitate faster product deliveries in India.According to Amit Agarwal, Amazon's SVP of India and Emerging Markets, the ecommerce giant will open a dedicated corridor for its seller partners with Indian Post and Railways to expedite shipping across the country. According to Agarwal, Amazon has signed a Memorandum of Understanding (MoU) with the two agencies."We have been partners with the Indian postal service for a while. This will create the first-of-its-kind, seamless, integrated cross-border logistics solution. Now, the idea of somebody sitting in the corner of the country (India) can ship products to customers in New York just becomes more real," Agarwal said at the event in New Delhi. India Post and Amazon also unveiled a commemorative postal stamp at the event.According to Agarwal, the company has digitised over 2 million SMEs in India and now aims to facilitate $20 billion in exports from the country. So far, it has enabled $8 billion in Indian exports."As we get closer to delivering on our India Pledges to digitise 10 million MSMEs, enable $20 billion in cumulative exports, and create 2 million direct and indirect jobs in India," said Manish Tiwary, country manager, India consumer business, Amazon India. AMAZON SIGNS MOU WITH INDIAN RAILWAYS FOR FASTER PRODUCT DELIVERIESIN FOCUS
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