Amazon's Export Milestone: $20 Billion and Counting
Amazon announced surpassing $20 billion in Indian e-commerce exports through its Global Selling program, aiming for $80 billion by 2030. Despite trade challenges, Amazon focuses on controllable factors to build structural capacities. The exporter base grew by 33% in a year, expanding across India.
Amazon has announced a major milestone, having surpassed USD 20 billion in cumulative e-commerce exports from India as part of its Global Selling program from 2015 to 2025. The company is ambitiously targeting USD 80 billion by 2030.
Despite facing trade and tariff challenges in the US, India's largest export market, Amazon remains optimistic, focusing on aspects within its control. The company highlights India's structural strengths in exports, suggesting they are not merely cyclical.
Amazon's exporter base has expanded by 33% in just one year, reinforcing the country’s export ambition and emphasizing the growing significance of e-commerce in global trade. With a high compound annual growth rate in categories like health, beauty, and toys, Amazon continues to enhance its global selling capabilities.
ALSO READ
-
Amazon Achieves $20 Billion Milestone in Indian E-commerce Exports Ahead of Schedule
-
IDB Approves $200M Credit Line to Expand Rural Electrification in Peru’s Amazon
-
New Jersey Takes Amazon to Court Over Workplace Discrimination Claims
-
New Jersey Challenges Amazon's Employment Practices
-
Amazon Unveils High-Tech Innovations to Revolutionize Delivery
Google News