Skip to main content

Amazon Global Overseas Sales by Indian Sellers Expected to Surpass $8 Billion

Cumulative overseas sales by Indian exporters under e-commerce exports programme Amazon Global Selling are on track to surpass $8 billion (nearly Rs. 65,900 crore) in 2023, Amazon said on Wednesday.

The exports from India under the programme were to the tune of $5 billion (nearly Rs. 41,200 crore) last year, Amazon said in its Exports Digest 2023.

"Cumulative exports by Indian exporters on its e-commerce exports programme Amazon Global Selling are on track to surpass $8 billion in 2023," the report said.

The report said that since its launch in 2015, Amazon Global Selling has grown to incorporate 1.25 lakh exporters, with about 1,200 Indian exporters on the platform having crossed Rs. 1 crore in sales last year.

Categories like toys (50 percent), home and kitchen (35 percent) and beauty products (25 percent) saw the highest exports while apparel, groceries and health and sports equipment were some of the emerging product categories for export, according to the report.

"The inclusion of a dedicated chapter on e-commerce exports in the FTP'23 will catalyze 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 (nearly Rs. 1,64,700 crore) in cumulative e-commerce exports from India by 2025," Amazon India Director of Global Trade Bhupen Wakankar said.

The report said that over 266 million 'made in India' products are being exported through the programme to global customers in markets of the US, the UK, the UAE, Canada, Spain, France and Italy.

Delhi led exports on the platform in 2023, followed by Rajasthan, Maharashtra, Uttar Pradesh, Gujarat, and Madhya Pradesh emerging as top exporting states on the platform, the report said.

From the Nothing Phone 2 to the Motorola Razr 40 Ultra, several new smartphones are expected to make their debeut in July. We discuss all of the most exciting smartphones coming this month and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.


from Gadgets 360 https://ift.tt/aPHOJWe
Labels:

Comments

Post a Comment

Popular posts from this blog

Itel P55 With Dual Rear Cameras, 5,000mAh Battery Launched in India: Price, Specifications

Itel P55 5G was launched in India on Tuesday and it claims to be the cheapest 5G smartphone in the country. The phone is powered by an octa-core Dimensity chipset and supports wired fast charging. It carries an AI-powered dual rear camera unit and is offered in a single storage variant along with two colour options. Itel India also introduced the Itel S23+ alongside, and is a budget smartphone with a curved AMOLED display. The company is extending a two-year warranty on the handsets and is also offering free screen replacement within 100 days of purchase. Itel P55 5G price in India, availability Offered in Blue and Green colour options, the singular 8GB + 128GB variant of the Itel P55 5G is priced at Rs. 9,999. The phone will be available for purchase via Amazon India starting October 4. Itel P55 5G specifications, features Sporting a 6.6-inch HD+ (1600 x 700 pixels) display, the dual nano SIM-supported Itel P55 comes with a refresh rate of 90Hz. The phone is powered by an octa-co...
Post a Comment
Read more

Best Smartphones of 2022

When you think of the ‘best smartphones' of the year, it's easy to just picture expensive, flagship phones. However, like every year, we've had some real standout mid-range offerings as well in 2022 that might not go toe-to-toe with proper flagships, but offer enough performance and features at much more affordable prices. Folding phones continued to get better in 2022 thanks to Samsung pioneering this segment in India, while charging speeds reached new heights. However, the big focus for all the phones on our list is cameras. We've seen smartphones with incredible zoom perfjoamcne, high-resolution sensors, and next-level video stabilisation for content creators. Depending on your budget and requirements, there's something for everyone in our list. All these smartphones have been reviewed by us and we've chosen only the best of the best, based on the ratings they received and what we felt were unique enough offerings that still stand out, even today. Here's...
Post a Comment
Read more