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Bengal Global Business Summit WBIDC signs MoU with Amazon to boost e-commerce exports | Kolkata News

In a bid to give a fillip to e-commerce exports from the state, the West Bengal Industrial Development Corporation (WBIDC), a nodal agency of state Industry, Commerce and Enterprises Department, has signed a memorandum of understanding (MoU) with Amazon India.

As per the MoU signed during the Bengal Global Business Summit (BGSB) in the presence of Chief Minister Mamata Banerjee, the WBIDC and Amazon will “co-create capacity-building sessions, training and workshops for thousands of micro, small and medium enterprises” (MSMEs) across the state, including Kolkata, North 24 Parganas, South 24 Parganas, Howrah and Hooghly among other districts.

The two will focus on educating MSMEs on e-commerce exports and enabling them to sell to customers across the world, it is learnt. Amazon will also enable access to a host of third-party service providers that MSMEs can engage with to avail services like imaging, digital cataloging of their products, and tax advisory among others. Also, Amazon will offer dedicated account management services to MSMEs to launch and manage their businesses on its e-commerce export platform called Amazon Global Selling.

Raju Mishra, Joint Secretary, WBIDC said, “With the new logistics and exports policies, we aim to make Bengal a global trading hub and double the state’s exports over the next decade. The state government has invested a lot in setting up dedicated export promotion committees in key districts and export facilitation cells to boost exports from the state. We are now furthering our vision and WBIDC will set up dedicated e-commerce export hubs in key districts. Our partnership with Amazon will help exporters across the state become more aware and equipped to tap into the global export opportunity.”

Amazon India’s Global Trade director Bhupen Wakankar said, “We firmly believe that widespread adoption of technology will be pivotal in unlocking export opportunities for countless MSMEs across Bengal, and the country. This resonates in the recently introduced Foreign Trade Policy which includes a dedicated chapter on e-commerce exports and foresees e-commerce exports contributing $200-300 billion in exports from India by 2030.”

Festive offer

“Under the leadership of the Chief Minister, we look forward to working with West Bengal Industrial Development Corporation and playing our part in helping Indian micro, small and medium enterprises and entrepreneurs from the state, create strong global brands. As we progress towards our goal of enabling $20 billion in cumulative e-commerce exports from India by 2025, we remain dedicated to making exports simpler and more accessible for businesses of all sizes,” he added.

The state’s new Export Promotion Policy 2023, which was unveiled at the seventh edition of the BGBS, is likely to facilitate investments from the Asian Development Bank (ADB), World Bank, and private partners.

Raju Mishra, joint secretary for the Industry, Commerce and Enterprises Department, said the ADB had already joined hands with the state government for the construction of three economic corridors – Dankuni-Haldia, Dankuni-Kalyani, and Dankuni-Raghunathpur – which would help the state double its exports in the next decade.

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