Thursday, June 30, 2022
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Amazon Smbhav 2022: Today’s Latest News and Updates | Day 1

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As per the sources, Manish Tiwary, Vice President, Amazon India, speaks on the first day of Amazon Smbhav 2022 about utilizing digital technologies and developing ecosystems to enable more innovation and improve job development.

Amazon Smbhav, he explained, was established in 2020 to provide an open venue for thought-provoking debates among key stakeholders. Policymakers, industry thought leaders, local retailers, entrepreneurs, and professors are just a few examples. They’ve gathered some of the best brains this year at Smbhav 2022 to explore concepts that will drive India’s Pragati in the years and decades ahead.

Here are the latest news we came to now about Day 1 of Amazon Smbhav 2022:

Next wave of growth


Manish Tiwary spoke with Karan Adani, CEO of Adani Ports & SEZs, who, according to Manish, represents a youthful, dynamic India that values innovation, embraces disruption, and is boldly ambitious.

Karan is a Purdue Economics graduate who joined Adani Ports & SEZs in 2009 to gain experience in core operations at the Mundhra port, Adani Ports, and SEZs’ flagship port in Gujarat.

He wants to build the company’s brand around a unified business model that encompasses port operations, logistics, and SEZ development—a mix that is quickly turning it into a leading end-to-end logistics solution for businesses.

Initiatives to strengthen MSMEs

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Rajeev Chandrasekhar, Minister of State for Entrepreneurship, Skill Development, Electronics & Technology gives his thoughts on how India may become a world-class manufacturing and exporting center in Amazon Smbhav opening day.

He says, “It gives me great pleasure and I am thankful to Amazon to be speaking today at an event that celebrates the contribution of Indian SMBs to the Indian economy. It is good to see Amazon India take this initiative, encouraging and supporting SMBs in achieving new heights and expanding their businesses.”

“From digitizing MSMEs and creating employment to supporting women-led entrepreneurs and accelerating the growth of startups, Amazon is playing a role in realizing the Hon’ble Prime Minister’s vision of creating an Atmanirbhar Bharat.”

About the Smart Commerce launched

We know that in India, local retailers are an important part of the retail environment. During the third edition of Amazon Smbhav, Amazon India announced the launch of Smart Commerce, which will transform lakhs of local stores into digital dukaans. Smart Commerce is a critical milestone in the company’s goal of digitizing one crore of small enterprises by 2025.

Local businesses will be able to digitize their operations, improve client in-store experiences, and build their internet shops in minutes.

As per the reports, it claims that Smart Commerce will deliver its first set of products to help local businesses digitize billing and inventory management in the coming weeks. Following that, capabilities will be released that will allow local businesses to construct their online storefront in minutes and service their consumers through a simple voice and chat-based shopping experience.

Read: OPPO continues its acquisition spree with Sharp’s wireless communication, video coding, and other patents

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