Amazon affirms commitment to enabling $80 bn exports from India by 2030

E-commerce major Amazon on Tuesday pledged its commitment to enabling $80 billion in cumulative exports from India by 2030.

The new vision marks an ambitious scale-up from the target so far of $20 billion by 2025.

Amit Agarwal, SVP, Emerging Markets, Amazon, announced the commitment at the company's annual 'Smbhav Summit'.

To achieve this goal, Amazon is collaborating closely with the government, lakhs of Indian small businesses, D2C brands, as well as other key stakeholders, he said.

Since its launch in 2015, Amazon Global Selling has over 150,000 registered sellers from 200-plus cities across India who are set to surpass $20 billion in cumulative exports from India by 2024-end, according to a company blog.