Amazon India expects e-commerce exports to reach $5 billion by 2023

Firm crossed a billion dollar in e-com exports sales in three years

Bullish on growth of its ‘Global Selling’ programme, Amazon India has said it expects e-commerce exports to reach $5 billion by 2023. Amazon rarely gives out any sales projections. However, Amit Agarwal, senior vice-president and country head of Amazon India, said a 56 per cent rise in the number of Indian merchants selling abroad and a billion dollars in e-commerce exports in four years have given the company confidence to come out with this projection.

Launched with just a few hundred sellers in May 2015, it now has more than 50,000 Indian exporters in the programme, selling over 140 million products