ESR will invest Rs 550 crore in industrial parks in Tamil Nadu, 4400 jobs will be created

ESR will invest Rs 550 crore in industrial parks in Tamil Nadu, 4400 jobs will be created

New Delhi: ESR India on Wednesday said it has signed an agreement with the Tamil Nadu government to develop two industrial parks with an estimated investment of Rs 550 crore. ESR India and the Government of Tamil Nadu signed a Memorandum of Understanding (MoU) to this effect at the Investment Summit 2021 held on Wednesday.

Under the MoU, two industrial parks will be set up in Kancheepuram and Krishnagiri districts of the state over the next five years, the company said in a statement. ESR India reported that over 4,400 jobs are expected to be created at both the industrial parks after the commissioning. 

Abhijit Malkani, CEO and Country Head, ESR India said, “We are delighted to announce our agreement with the state government. The Government of Tamil Nadu has been very supportive in promoting industrial development in the state by creating a conducive business environment for industrial companies.

Malkani further said that as per the MoU, ESR will invest Rs 550 crore to develop industrial parks in Tamil Nadu, which will generate 1,800 direct and 2,600 indirect employment opportunities.


Amazon India to set up digital centers in various cities to support small industries

Amazon India to set up digital centers in various cities to support small industries

New Delhi: E-commerce company Amazon India is planning to open digital hubs in various cities to connect Micro, Small and Medium Enterprises (MSMEs) with its platform and empower them in online business. These centers will help small industries in their digital business by providing awareness and related facilities about e-commerce and will accelerate their growth.

Pranav Bhasin, Director (MSME, Sales Partner Experience), Amazon India said this. The company has opened a digital center for MSMEs in Surat, Gujarat earlier this month. This center will act as a resource center and will help in meeting the needs of MSMEs as well as solving their problems. Through these centers, the company will provide awareness and understanding about e-commerce, export market information, etc. 

Bhasin said, “We have planned to set up digital centers near clusters of small industries in the country to empower MSMEs in the field of digital business and to address their problems.” However, he did not say that Amazon. In which cities and by when India plans to open such digital centers. It is noteworthy that MSMEs play an important role in the country's economy. It contributes about 30 percent of the total Gross Domestic Product (GDP) and 48 percent of the exports. 

Bhasin said, “We recently opened the first Amazon Digital Center in Surat, Gujarat. This center will cater to all the needs of MSMEs to become digital entrepreneurs. In this, MSMEs will be given all kinds of support in terms of benefits of e-commerce and logistic support, digital marketing, GST and taxation. are MSMEs. These centers will help them in their digital business and accelerate their growth. We have set a target of digitally enabling one crore MSMEs by 2025, including through Amazon Digital Center. 

On benefits to MSMEs from e-commerce, Bhasin said, “From the beginning, we have been focused on digitally empowering MSMEs and other vendors by using technology to connect and reduce operational costs for them. . Our investments in technology and infrastructure have fueled their growth." He said, "It is because of our efforts that today lakhs of small and medium businesses are joining us. 

More than 10 lakh artisans and weavers and over 1.5 lakh local offline stores are working with Amazon through franchisees. More than 70 thousand small manufacturers have now launched global brands and exports have already crossed $3 billion.” He added that Amazon.in has more than 8.5 lakh sellers and more than 90 per cent of them are MSMEs. . More than fifty percent vendors are from small and medium towns like Aligarh in Uttar Pradesh, Angul in Odisha, Idukki in Kerala.