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Amazon revises exports target for India

Lifestyle Hits: 2743
Amazon revises exports target for India
Lifestyle Hits: 2743

05 May 2022, Mumbai:

Amazon has revised its targets for cumulative exports from its platform in India from $10 billion to $20 billion by 2025.

Amit Agarwal, Vice-President-Emerging Markets says, the growing demand for ‘Made in India’ and the global selling program are driving exports from India.

 

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In 2021-22, India’s merchandize exports reached $418 billion thanks to the government's unwavering commitment.

The government had earlier set an ambitious target of achieving $400 billion in annual merchandize exports.

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Amazon launched the e-commerce export program Global Selling in 2015, which has over one lakh exporters.

Amazon launched the e-commerce export program Global Selling in 2015, which has over 1 lakh exporters.

The cumulative exports by these exporters are likely to surpass $5 billion, Agarwal informs.

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