EP1028 – Amazon plans for 2021 | Amit Agarwal Exclusive | India Development Debate
27 FEBRUARY 2021 02:18 IST | ET NOW | 19 MIN 37 SEC
In an exclusive conversation on India Development Debate, Amit Agarwal, India head of Amazon, joins in to discuss about the upcoming plans of amazon in 2021. He says that the company objectives of Amazon are in line with the government’s long-term digital empowerment and inclusion goals. Small businesses have embraced technology and reinvented themselves. They had more that 1.5 lakh small businesses come online to Amazon.
Despite e-commerce accounting for only 3% of India’s retail market, in the aftermath of the Covid-19 pandemic, it is playing a significant role in the country’s economic recovery and will play a major role in growth over the next decade, he said. Each past year, Amazon said more than 4,100 companies made sales worth over Rs 1 crore, translating from small sellers on its website to at least Rs 4,000 crore.