08 July 2023, Mumbai
According to Amazon, cumulative overseas sales by Indian exporters participating in the Amazon Global Selling program are on track to exceed $8 billion this year. In its Exports Digest 2023, Amazon revealed that exports from India through the program reached $5 billion last year.
Steady growth in overseas sales
The report also highlighted the program's expansion since its launch in 2015, with 125,000 exporters now on board. Notably, 1,200 Indian exporters achieved sales exceeding Rs 1 crore in 2022. The report further outlined popular export categories, including toys, home and kitchen products, and beauty items.
Outlining emerging categories
Additionally, emerging product categories such as apparel, groceries, and health and sports equipment showcased promising export potential. Delhi led the way in exports, followed by Rajasthan, Maharashtra, Uttar Pradesh, Gujarat, and Madhya Pradesh, as per the report.
Bullish outlook
Amazon India's management is quite optimistic about the future, citing the inclusion of a dedicated chapter on e-commerce exports in the FTP'23, aiming to enable $20 billion in cumulative e-commerce exports from India by 2025.
The report also disclosed that more than 266 million 'Made in India' products have been exported to customers in the US, the UK, the UAE, Canada, Spain, France, and Italy through the program.
