Big Law

Amazon Official Says the Company is Targeting Exports Worth $20 Billion by 2025 from India

Amazon AMZN.O is targeting merchandise exports worth $20 billion from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday.

“We are very encouraged by the number of entrepreneurs who signed up this year. We are looking to scale up,” Bhupen Wakankar, director global trade, Amazon told Reuters on the sidelines of an industry event, referring to plans for exports.

There was huge demand for “Made in India” organic health supplements, homeware like bath towels, jute rugs, and robotic games for children ahead of the Black Friday Cyber Monday sale, an 11-day shopping period from Friday, Wakankar said.

Read the source article at Nasdaq

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