Amazon says Indian exporters to hit USD 5 billion mark on its marketplace

BENGALURU: Indian sellers on the Amazon Global Selling programme are on track to surpass the $5 billion mark in cumulative exports. While it took three years for Amazon to reach the first billion-dollar mark, the last two billion dollars have come in 17 months. At present, it has clocked over $3 billion in cumulative exports. “$5 billion is the next milestone for us and we’re on track to get there,” Abhijit Kamra, Director-Global Trade, Amazon India told TNIE.

The e-commerce company also targets to enable $20 billion in exports from India by 2025. It launched the Global Selling programme in May 2015 in India, and now over 1 lakh exporters are selling products to customers worldwide through Amazon’s 18 international websites in countries such as the US, UK, UAE, Italy, Netherlands, Turkey, Brazil and Japan, among others.