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Amazon Reports $20B in Indian Exports Despite US Tariff Hurdles
Amazon Reports $20B in Indian Exports Despite US Tariff Hurdles
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BTCCSquare news:
Amazon's Indian marketplace exporters have crossed $20 billion in cumulative sales, with $7 billion achieved in 2024 alone. This growth persists despite US tariffs on Indian goods doubling to 50% in August, targeting sectors like textiles and jewelry. The e-commerce giant now eyes $80 billion in Indian exports by 2030.
The Global Selling program, launched in 2015, connects 200,000 Indian sellers to 18 international markets. While US-bound shipments dipped to $5.43 billion in September, Amazon's seller network expanded 33% year-over-year. The platform's resilience suggests structural advantages in global e-commerce distribution.
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