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4K Indian sellers surpass sales worth Rs 1 cr on Amazon

Business of small and medium enterprises selling products on Amazon.in witnessed growth amid the pandemic and around 4,152 Indian sellers surpassed sales worth Rs 1 crore in 2020 on Amazon.in, said a report by the e-commerce major.

4K Indian sellers surpass sales worth Rs 1 cr on Amazon

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  21 Dec 2020 4:58 AM GMT

NEW DELHI: Business of small and medium enterprises selling products on Amazon.in witnessed growth amid the pandemic and around 4,152 Indian sellers surpassed sales worth Rs 1 crore in 2020 on Amazon.in, said a report by the e-commerce major. The report noted that the number of 'crorepati' sellers on the platform grew 29 per cent on a year-on-year basis.

It said that emerging brands on Amazon Launchpad saw their business grow by 135 per cent YoY. Further, the number of women entrepreneurs under 'Saheli' programme saw their business grow nearly '15x', and weavers and artisans part of 'Karigar' program saw their business grow by 2.8 times.

Amazon.in on Sunday published the 2020 Small and Medium Business (SMB) Impact Report. The report marks some of the achievements made by the SMBs working with Amazon and highlights the impact of digitisation on entrepreneurs and businesses across sectors.

Amit Agarwal, Senior VP and Country Head for Amazon India, said: "It's humbling to see over 10 lakh small businesses associated with Amazon in India. This year has been unprecedented and has impacted the way we work and live."

"Yet, we remain inspired by the undying entrepreneurial spirit, creativity, resolve and trust in us of businesses, creators, authors, etc. to overcome challenges and grow," he said.

Agarwal said that technology adoption and digitisation will continue to play a crucial role in offering expanded access and opportunities to SMBs, and Amazon India remains committed to invest and partner in their success. (IANS)

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