Last Updated: July 06, 2023, 04:52 IST
The report mentioned that since its launch in 2015, Amazon Global Selling has grown to incorporate 1.25 lakh exporters, with about 1,200 Indian exporters on the platform having crossed Rs 1 crore in gross sales final yr.
The exports from India beneath the programme have been to the tune of USD 5 billion final yr, Amazon mentioned in its Exports Digest 2023
Cumulative abroad gross sales by Indian exporters beneath e-commerce exports programme Amazon Global Selling are on monitor to surpass USD 8 billion in 2023, Amazon mentioned on Wednesday.
The exports from India beneath the programme have been to the tune of USD 5 billion final yr, Amazon mentioned in its Exports Digest 2023.
(*8*) the report mentioned.
The report mentioned that since its launch in 2015, Amazon Global Selling has grown to incorporate 1.25 lakh exporters, with about 1,200 Indian exporters on the platform having crossed Rs 1 crore in gross sales final yr.
Categories like toys (50 per cent), residence and kitchen (35 per cent) and wonder merchandise (25 per cent) noticed the very best exports whereas attire, groceries and well being and sports activities tools have been among the rising product classes for export, in accordance to the report.
“The inclusion of a dedicated chapter on e-commerce exports in the FTP’23 will catalyze growth in exports and expand the opportunity to lakhs of small businesses across India. We will continue working with all stakeholders and lakhs of small businesses and startups to enable USD 20 billion in cumulative e-commerce exports from India by 2025,” Amazon India Director of Global Trade Bhupen Wakankar mentioned.
The report mentioned that over 266 million ‘made in India’ merchandise are being exported by means of the programme to world prospects in markets of the US, the UK, the UAE, Canada, Spain, France and Italy.
Delhi led exports on the platform in 2023, adopted by Rajasthan, Maharashtra, Uttar Pradesh, Gujarat, and Madhya Pradesh rising as high exporting states on the platform, the report mentioned.
(This story has not been edited by News18 workers and is printed from a syndicated information company feed – PTI)
