Summary:

Amazon's Global Selling initiative is set to surpass US$ 13 billion in e-commerce exports from India by 2024 and aims for US$ 20 billion by 2025. The platform has seen a 20% increase in Indian sellers over the past year, totaling 150,000 exporters who have sold over 400 million Indian products globally.

Mr. Bhupen Wakankar, Director of Global Trade at Amazon India, highlighted significant investments in tools and technologies to help sellers expand their reach and sales. Beauty is the fastest-growing category with over 40% YoY growth, followed by apparel at over 35%. The US, UK, and Canada are top markets, with notable contributions from Germany and France. Delhi, Rajasthan, and Maharashtra lead in exports, with Anand and Gautam Buddha Nagar achieving significant sales. Improved cross-border logistics and payments are crucial for small businesses.

Source: IBEF 

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