Indian exports on Amazon Global Selling to surpass $8 bn in 2023
These exporters are showcasing millions of ‘Made in India’ products to customers worldwide through Amazon’s 18+ international marketplaces in countries such as the US, UK, UAE, Canada, Mexico, Germany, Italy, France, Spain, Netherlands, Turkiye, Brazil, Japan, Australia, and Singapore, according to Amazon’s Exports Digest 2023.
Amazon Global Selling has made significant investments to make exports easier and more accessible for micro, small, and medium enterprises (MSMEs) and entrepreneurs across India. The programme now has exporters from over 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 programme crossed ₹1 crore in sales in 2022.
In 2022, several Indian entrepreneurs and businesses emerged as globally successful brands, underlining the popularity of ‘Made in India’ products in international markets. Exporters from 25 Indian cities cumulatively crossed $10 million in sales in 2022.
The top 10 international marketplaces for Indian sellers on Amazon Global Selling are the US, UK, Canada, Germany, UAE, France, Italy, Spain, Mexico, and Saudi Arabia.
“E-commerce exports, facilitated by programmes like Amazon Global Selling, offer Indian MSMEs unparalleled opportunities to showcase their products globally,” said Narayan Tatu Rane, Union minister for micro, small, and medium enterprises (MSMEs).
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. 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 programme exporting to the US by 35 per cent in the last two years. 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 $20 billion in cumulative e-commerce exports from India by 2025.”
Fibre2Fashion News Desk (NB)