AI to drive E-commerce access for 60 million MSMEs: Shiprocket CEO Saahil Goel
New Delhi [India], February 16 (ANI): Artificial Intelligence is set to play a pivotal role in scaling India's e-commerce sector by creating digital access for millions of micro, small, and medium enterprises (MSMEs) and reducing operational friction, Saahil Goel, MD & CEO of Shiprocket, stated that while the platform has enabled over four lakh businesses to go online, there are still 60 million MSMEs in India that remain to be integrated into the digital economy.
"Shiprocket has powered over four lakh businesses to go online so far, and there are still 60 million MSMEs in India that remain. So I think the real power is in creating access. So if a person in Guwahati wants to sell to a person in Kashmir, they should be able do it in a matter of minutes. How do we kind of get that access available through AI? By using voice as a medium, by using unstructured business models that can get supported now with AI," Goel said.
Goel noted the importance of India-specific AI development to ensure national sovereignty in technology execution. He suggested that large data sets from marketplaces, logistics companies, payment firms, and e-commerce players should be combined into a shared data pool.
He observed that this accessibility allows more entrepreneurs to enter the fold, leading to direct and indirect job creation in logistics and warehousing. Goel noted that while AI may fully augment certain mechanical tasks over time, it will free up the workforce to focus on more creative and human-centric roles, ultimately leading to significant productivity gains for companies.
The summit, organised with government support, served as a platform for startups, policymakers, and global enterprises to align on AI strategies. Goel expressed optimism that such collaborations would lead to responsible and innovative consumer policies tailored to India's unique needs.
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