Amazon says India's e-commerce exports cross $20 billion, despite US tariffs
On Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80 billion in exports by 2030, driven by rising global demand for cosmetics , toys , furniture and apparel . Thousands of Indian artisans and small businesses were affected after the U.S. doubled tariffs on certain goods to 50% starting on August 27. The tariffs were a response to India's purchases of Russian oil . Amazon executives said the broader export impact remained limited. "We focus on controllable inputs, not short-term trade headwinds,” said Srinidhi Kalvapudi, the head of Amazon Global Selling India , in an interview. "Our long-term story is structural, not cyclical - and for e-commerce exports, it’s still day one.” Amazon’s Global Selli...