Amazon offers a rare insight into its Indian business over the past decade: $3B of Indian-made goods exported, 1M+ local jobs created, and 250,000 new sellers — – It says helped create a million jobs, fuel $3 billion exports — Amazon is battling Walmart’s Flipkart in a crucial market.
In the midst of Walmart’s ongoing fight with Amazon, Amazon reveals blistering India growth
As Amazon.com Inc. battles Walmart Inc. in its biggest overseas market, the company offered a rare glimpse into the Covid-era growth of its Indian business.
In the past decade, since the U.S. online giant arrived in the Asian nation about a decade ago, it has enabled exports of Indian-made goods worth $3 billion and created over a million jobs in the country – about $1 billion of this and 300,000 jobs since January 2020 alone. According to the company’s country chief, over 50,000 offline retailers and neighborhood stores have now joined Amazon.in since its launch and around 250,000 new sellers have joined the platform since then.