Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
Tech
272
nda:
Needmore seats to Win
Needmore seats to Win
upa:
»
1-min read

Amazon India Shows Robust Growth as Export Sales Hit $1 Billion

Amazon's Indian merchants are already shipping over 140 million products, and are expected to cumulatively hit $5 billion annual product sales within four years.

Reuters

Updated:April 30, 2019, 9:44 PM IST
facebookTwittergoogleskypewhatsapp
Amazon India Shows Robust Growth as Export Sales Hit $1 Billion
Amazon's Indian merchants are already shipping over 140 million products, and are expected to cumulatively hit $5 billion annual product sales within four years. (Photo: Reuters)
Loading...
Amazon.com Inc’s India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday. Indian merchants were exporting more than 140 million products on Amazon’s app and website, with cumulative sales expected to top $5 billion in the next four years, country head Amit Agarwal told reporters in Bengaluru.

Amazon launched its Global Selling Program in 2015, as part of its efforts to get more small-and-medium sized vendors on board. Vendor consolidation is key in India, which is among the Seattle-based company’s top growth markets. More than 80 percent of the company’s current export vendors were from small towns and cities, vice president of seller services Gopal Pillai said. Amazon is fighting with Walmart Inc’s Flipkart for market share in the country, while dealing with constantly changing government rules.

In February, a new set of ecommerce regulations caused widespread disruption on Amazon’s India website, when products started disappearing from its virtual shelves for some time. Agrawal said Amazon was fully compliant with government regulations.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: ---
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results