Amazon's total product exports from India have surpassed $3 billion

Amazon India has acknowledged enabling $3 billion in shipments of Indian items over the last six years and aspires to attain a total of $10 billion in exports from India by 2025.

According to the Press Trust of India, Amazon intends to keep its optimistic stance on exporting items from India to the worldwide market.

The Amazon Global Selling Propel was introduced in 2021 to assist firms wishing to export their goods from India, which is contributing to growing exports. According to the Press Trust of India, Amazon India's director for global commerce Abhijit Kamra remarked, "We look at a billion dollars as a barometer to assess how a given programme inside Amazon is expanding." 

"It took three years to obtain the first billion dollar, 18 months to get [the] second billion dollar, and 12 months to get the third billion dollar in terms of export. "Everything here is made in India." The second season of Amazon India's Propel Startup Accelerator programme has begun, with the goal of increasing exports and transforming Indian firms into worldwide brands.

The company will choose up-and-coming Indian companies and give them grants and Amazon Web Services credit, as well as connect them with venture capital firms to assist them in obtaining funding. 

According to ET Bureau, Amazon's senior vice president for India and developing marketsAmit Agarwal stated, "We witnessed amazing interest, ideas, and entrepreneurial spirit in the debut season of the programme, and we are delighted to now present the season 2."

"It's part of our promise to make exporting easier for businesses of all sizes and to allow $10 billion in e-commerce exports from India by 2025," says the statement.

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*Figures mentioned in the above article have been sourced from Business Standard & Fashion Network article.