Amazon Aims for $20 Billion in Indian Merchandise Exports by 2025

By: Insha Hashmi

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Updated on: 18-Nov-2023

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By bringing on a large number of small merchants to its marketplace, Amazon aims to export goods worth $20 billion from India by 2025. It is believed that this calculated action would boost international corporate expansion and solidify Amazon's leadership in the Indian e-commerce sector.

Bhupen Wakankar, Director of Global Trade at Amazon, highlighted the company's commitment to expanding export operations and voiced confidence about the growing number of entrepreneurs using the platform this year.

In advance of the Black Friday Cyber Monday sale, Bhupen Wakankar emphasised the spike in demand for "Made in India" products, particularly organic health supplements, homeware items, and robotic games, showing the attraction of locally created and inventive products worldwide.

Launched in 2015, Amazon Global Trade is a B2C exporting platform that has experienced substantial growth in India, having onboarded over 100,000 small manufacturers to provide a wide variety of items to clients worldwide. A large number of sellers are first-time exporters, highlighting the platform's influence on inclusivity and entrepreneurship.

Small exporters have benefited greatly from Amazon Global Trade, which has caused a 70% yearly boom in business. This is mostly because of the platform's extensive support, help with logistics, and availability to more than 200 million Amazon Prime subscribers.

Amazon is adding its shipments of goods from India in the first seven months of the current financial time, despite a 7% drop in total exports. Despite obstacles,e-commerce sectors including toys, kitchenware, apparel, cosmetics, and home goods have endured rapid-fire development, supporting the expansion of individual business possessors and the reanimation of the frugality.

The Christmas season sees a spike in the popularity of Amazon's Global Trade platform, which helps increase sales of Indian goods in important countries including the US, UK, Canada, Australia, and Germany. The platform's capacity to leverage global buying trends is demonstrated by the demand for "Made in India" items, homeware, and robotic games.

Amazon has lowered the first three months' subscription costs for its worldwide selling programme from $120 to $1 in an effort to encourage exporters and bring in more entrepreneurs and companies to take use of Amazon's extensive global reach and commercial potential. The deadline for this offer is March 31.