Amazon doubles cumulative export target from India to $20 billion by 2025

New Delhi, May 4 (KNN) E-commerce company Amazon expects cumulative exports from its platform in India to reach USD 20 billion by 2025, said Amazon senior vice president for India Amit Agarwal. 

While launching Amazon Exports Digest 2022 Agarwal said, "In January 2020, we had taken a pledge to enable USD 10 billion in cumulative exports from India by 2025 with our Global Selling Program. 

He said, "I am super excited to announce that we are doubling down and raising our pledge to enable USD 20 billion in cumulative exports by 2025,".

The government had set an ambitious target of achieving USD 400 billion in annual merchandise exports and for the first time in history, India has breached this target. India's merchandise exports touched a record USD 418 billion in 2021-22. The Government's unwavering commitment towards exports has been very encouraging, Agarwal added. 

Amazon has launched the e-commerce export programme Global Selling in 2015, which has over 1 lakh exporters. (KNN Bureau)