Indian traders and manufacturers are opening up to capture a larger market share in the global market leveraging upon domestic retail opportunity and scaling it up, according to experts deliberating at an industry conclave, MAPIC India 2022.
“Indian exporters using the Amazon marketplace have exported USD 3 billion worth of goods in 200 countries,” said Manish Tiwary, Country Manager, India Consumer Business, Amazon India, which has 123 unique products from 1.1 million sellers on-board.
The global online marketplace expects to achieve USD 5 billion worth of exports from Indian firms in the current year.
He was speaking at the inaugural session of the two-day MAPIC India convention, formerly IRF (India Retail Forum), held after a two-year gap after the pandemic.
