Amazon targets $5 billion e-commerce exports from India by 2023

NEW DELHI: Online marketplace Amazon on Tuesday said it expects e-commerce exports from India to reach $5 billion by 2023 under its global selling programme.

“Amazon launched the global selling programme in India four years ago, aligning with this vision. Over the next five years, ‘India to Global’ has the potential to become huge,” Amazon India Country Head Amit Agarwal said in a statement.

He said the firm is confident that the “global selling programme will hit the $5-billion mark by 2023 fuelling the growth of lakhs of Indian manufacturers, exporters and small enterprises”.