Amazon promises to export $20 billion worth of locally produced goods from India by 2025

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*Amazon said on Wednesday that its goal is to export $20 billion worth of locally produced goods in India by 2025, which will double its initial target of $10 billion *. At present, the e-commerce group from the United States has attracted more than 100000 exporters in this key overseas market.

Amazon_Hyderabad_campus.jpg

The picture shows the Amazon India Hyderabad office area

The company launched its export plan in 2015: Amazon global selling, which spent only three years exporting $1 billion of locally produced goods in the country, said in an online event on Wednesday that not only that, sales were like a rocket, with an increase of $2 billion in just 17 months.

Amit Agarwal, senior vice president of Amazon India and emerging markets, said at the event: "we are pleased to lay a solid foundation for small, medium and micro enterprises to realize their export potential, help them become globally competitive enterprises, and contribute to the realization of the vision of the respected prime minister to make India an export power." The company said it had enabled Indian businesses to sell to global customers through Amazon's 18 international websites, targeting countries such as the United States, the United Kingdom, Canada, Mexico, Germany, Spain, Australia and France.

India's minister of micro, small and medium enterprises, Shri Narayan rane, said in a statement. "SMEs are the backbone of India's economy, contributing about one third of India's GDP and driving nearly half of the country's exports. Improving the export potential of Indian SMEs is an important priority for the government, and efforts are being made to support Indian SMEs to succeed in the international market. Amazon's sustained efforts to increase the export share of SMEs are commendable, and they are committed to 2025 It is very timely to realize the export of US $20 billion. I would like to congratulate Amazon and all small, medium and micro enterprises on their important role in promoting export-oriented growth to help realize aatmanirbhar Bharat's vision. "

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