The Central Government, Ministry of MSME is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said.
At present, Amazon.com generates a business of around Rs.70,000 crore annually for Indian MSMEs, which can be enhanced by a dedicated E-Portal to enable them complete with global brands, he said at a webinar organised by All India Association of Industries President Vijay Kalantri.
In 2017 and 2018 itself, Shri Gadkari expressed his vision to prepare a state of the art e-commerce portal which can be considered as a strong option for MSMEs to sell their products on digital platforms. This upcoming e-commerce portal is visualised to replace the likes of Amazon and other leading e-commerce portals.