Amazon Pledges $20 Billion in Exports From India by 2025

Amazon said on Wednesday that it aims to export locally produced Indian goods worth $20 billion by 2025, doubling its initial goal of $10 billion set for the same time frame as the e-commerce group attracts over 100,000 exporters in the key overseas market. From a report: It took the company -- which launched its exports program, called Amazon Global Selling, in India in 2015 -- three years to clock exports of $1 billion from the country, it said. The firm added the last $2 billion in just 17 months, it said at a virtual event Wednesday. In total, the company said it is on track to hit $5 billion in cumulative exports from India. "We are excited to build a strong foundation for MSMEs to realize their export potential, help them become globally competitive and contribute towards honorable Prime Minister's vision of making India an export powerhouse," said Amit Agarwal, SVP of India and Emerging Markets for Amazon, at the event.

Good

[Anonymous Coward]

Good. India seems friendly to the west. China spending it all on massive military to fight us.

Re: Good

[fbobraga]

Evil CHINA(tm) what?

Re:

[junglee_iitk]

1989 Tiananmen Square protests and massacre

Why not

[TwistedGreen]

Sure, let's move on to the next cheap labor pool.

"Aims to"...

[suss]

So, no promise, they're "aiming to" do this thing.
Sounds like most press releases of companies trying to look good.

You still look bad, amazon.

Re:

[account_deleted]

Comment removed based on user account deletion

This is tactical

[jarhead55]

The Indian government just announced an open e-commerce network to fight the market share of companies like Amazon and Walmart. Amazon is now pulling out all the stops against this development. This is self-preservation/wooing/whatever else you want to call it.

$20 billion of what?

[PsychoSlashDot]

What does India produce that there's a $20 billion demand for world-wide? I mean that to genuinely ask. Some countries are known for consumer electronics, some for cars, some for furniture. Mine I'm sure my country's main export (food, mostly grains and livestock I'd think) isn't very Amazon-friendly so I'm just curious.

What glorious must-have products should I look forward to appearing for order that I can't currently get?

Re:

[slazzy]

Probably they are planning on building manufacturing infrastructure for consumer electronics and plastic crap that sells on Amazon.

Re: $20 billion of what?

[spinitch]

Bollywood, probably welcome variety from most of the Amazon video offerings.