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ECOMMERCE EXPORTS
Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...- Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- In most aggressive phase of India expansion; here for long-term market wins: Amazon India headAmazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already commi...
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
- Why India should rethink its opposition to WTO plurilateral dealsThe 14th WTO ministerial conference highlighted a divide between multilateralism and plurilateralism. India advocates for multilateralism b...
- Indian Consulate to host webinar to help exporters sell their goods in USIndian exporters can learn to sell products in the US through a webinar by the Indian Consulate in New York and Walmart. This event will de...
- Fuel price hike may push inflation up by 20 bps, say expertsFuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider pr...
- Rocket dreams and unicorns: Investors bet on a long and high rideIndia's private space sector is experiencing a surge in global investment. Skyroot Aerospace has become the country's first space unicorn, ...
- Bullish on quick commerce, says Walmart CEO John Furner at Flipkart townhallWalmart CEO John Furner expressed strong confidence in India's quick commerce potential during his visit, highlighting Flipkart's aggressiv...
- India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...
- India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.
- For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
- Cross-border ecommerce set to get easier; Focus on MSMEsCross-border ecommerce is set to become easier for Indian businesses, particularly MSMEs. The government is considering relaxing rules for ...
- Ecommerce export credit card in works to aid exportersThe Indian government is planning to introduce a credit card scheme, similar to the Kisan Credit Card, to support e-commerce exporters with...
- Two logistics firms selected to set up ecommerce export hubs on pilot basis around DelhiThe ecommerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year, Director General of Fore...
- Export Push: Govt working on easier loans for SMEs, ecommerce exportersIndia is developing a new collateral-free, pre-shipment loan scheme for SME and ecommerce exporters to help achieve $2 trillion in exports ...
- Budget 2024: Ecommerce export hubs planned to aid MSMEsBudget 2024-2025: As part of a slew of measures to boost the sector, the government will reduce the turnover threshold of MSME buyers for m...
- Green channel based on China model likely to speed up ecommerce shipmentsThe dedicated ecommerce export hubs will have warehousing facilities for easy storage, customs clearance, returns processing, labelling, te...
- Working with RBI, other ministries on steps to promote ecommerce exports: DGFTDirector General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that huge export opportunities are there in the ecommerce sector. The n...
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