E-commerce giant Amazon is on track to surpass US $ 8 billion in 2023 as the company today unveiled the exports digest 2023.
Amazon Global Selling has been witnessing remarkable adoption among businesses of all sizes across the country and has grown to more than 1.25 lakh exporters since its launch in 2015.
With regard to export of apparel and home textile products, Surat, Ahmedabad, Vadodara, Rajkot, Anand, Chennai, Coimbatore, Kancheepuram, Tiruvallur, Karur, Gautam Buddha Nagar, Ghaziabad, Meerut, Kanpur, Moradabad, Jaipur, Udaipur, Jodhpur, Ajmer, Kota are among the leading cities.
Top 10 international marketplaces for Indian sellers on Amazon Global Selling are US, UK, Canada, Germany, UAE, France, Italy, Spain, Mexico, and Saudi Arabia
Bhupen Wakankar, Director Global Trade at Amazon India said, “Amazon Global Selling is helping entrepreneurs across India sell millions of Made in India products to customers globally. The program is seeing remarkable momentum and it resonates in the success of tens of thousands of exporters who are part of the program. Our focus remains on removing pain-points associated with running an exports business and we have reduced the average go-to-market time for entrepreneurs on the program exporting to the US by 35 per cent in the last two years.”
He added, “The inclusion of a dedicated chapter on e-commerce exports in the FTP ’23 will catalyse growth in exports and expand the opportunity to lakhs of small businesses across India. We will continue working with all stakeholders and lakhs of small businesses and startups to enable US $ 20 billion in cumulative e-commerce exports from India by 2025.”
Amazon Global Selling has made significant investments to make exports easier and more accessible for MSMEs and entrepreneurs across India. The program now has exporters from 200+ cities including Tier-2 towns such as Sri Ganganagar (Rajasthan), Neemuch (Madhya Pradesh), Moradabad (Uttar Pradesh), Tiruvallur (Tamil Nadu), and Kolhapur (Maharashtra). More than 1,200 Indian exporters on the program crossed Rs. 1 crore in sales in 2022.
Naman Jain, Business Head at Linen Home says, “Our decision to directly engage with customers worldwide and leverage Amazon Global Selling as our platform of choice was a strategic move. We initiated our exports to the US through Amazon in 2017 upon witnessing a positive response from customers, we swiftly expanded our product line to include duvet covers, fitted sheets and flat sheets. Our business on Amazon Global Selling has doubled last year and we are experiencing an even higher demand in recent months. We have accordingly expanded our team focused on e-commerce exports from 5 people to 20 people in the last year.”
