New Delhi: E-commerce major Amazon on Tuesday pledged its commitment to enabling $80-billion in cumulative exports from India by 2030. The new vision marks an ambitious scale-up from the target so far of $20 billion by 2025. Amit Agarwal, SVP, Emerging Markets, Amazon, announced the commitment at the company’s annual ‘Smbhav Summit’.
To achieve this goal, Amazon is collaborating closely with the government, lakhs of Indian small businesses, D2C brands, as well as other key stakeholders, he said. “Motivated by the progress that we made in driving exports out of India… we are going to advance our commitment to enable $80 billion in exports by 2030,” Agarwal said.
I am excited to be back for the 5th edition of Amazon Smbhav – Amazon India’s flagship summit. The theme, “Naye India ki Nayi Raftaar,” reflects the government’s vision of a “Viksit Bharat” and India’s journey towards becoming a developed economy.
This year’s focus will be on…
— Amit Agarwal (@AmitAgarwal) December 10, 2024
Since its launch in 2015, Amazon Global Selling has over 150,000 registered sellers from 200-plus cities across India who are set to surpass $20 billion in cumulative exports from India by 2024-end, according to a company blog.
“This significant milestone will be driven by a combination of enabling exports through Amazon’s Global Selling program for Indian MSMEs, manufacturers and D2C startups as well as sourcing Made-in-India products to be sold on Amazon’s global marketplaces,” Amazon India Country Manager Samir Kumar said.
E-commerce giant Amazon has pledged to drive exports worth $80 billion by 2030, during the annual flagship Smbhav Summit, said Amit Agarwal, senior VP for emerging markets at Amazon India. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
