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Amazon India Witness 56% Growth in E-commerce Exporters

More than 500 Indian exporters are now offering over 12 million products to customers across Australia

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The logo of Amazon, online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

Amazon India on Tuesday said the number of global sellers from the country increased 56 per cent in 2018, crossing $1 billion in e-commerce exports for the first time.

Amazon launched the Global Selling Programme in India four years ago with the aim of enabling small-and-medium sized Indian sellers to reach customers in other parts of the world.

More than 50,000 Indian exporters are now part of the programme, selling over 140 million “Made in India” products to customers across the globe, Amazon said.

“Amazon is confident that the Global Selling programme will hit the $5 billion mark by 2023 fuelling the growth of lakhs of Indian manufacturers, exporters and small enterprises,” said Amit Agarwal, Senior Vice President and Country Head, Amazon India.

Amazon, online retailer, Drones
The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

Delhi, Rajasthan, Maharashtra, Gujarat, Uttar Pradesh and Haryana emerged as the leading states with most international exporters on Amazon in 2018, according to the second edition of the Amazon Export Digest released on Tuesday.

Home, books, apparel, jewellery, kitchen and health and personal care witnessed a huge demand from international customers across ethnicities, the report said.

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The report also includes performance numbers about growth of Indian sellers exporting to Australia, a new marketplace for Indian sellers which was added as part of the Global Selling Programme in 2018.

More than 500 Indian exporters are now offering over 12 million products to customers across Australia, said the report. (IANS)

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Traders Protest Government Collusion with Amazon, Flipkart: Report

On December 27, traders in various cities will go on a day-long token hunger strike, it added

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Amazon
Amazon Logo is seen at the company logistic center in Lauwin-Planquin, France.

Angry at the reported move of the Ministry of Micro, Small & Medium Enterprises (MSME) to join hands with Amazon and Flipkart for on boarding of traders on their e-commerce portals, a large number of traders on Thursday staged a demonstration at Jantar Mantar here.

Calling upon Union MSME Minister Nitin Gadkari to reject any such proposed move, traders body Confederation of All India Traders (CAIT) said it will not accept any kind of government “collusion” with Amazon and Flipkart.

“If the Ministry is so serious, let it create an independent e commerce portal and the traders of the country will support such initiative and will do every bit of it to onboard seven crore traders of the country on such e commerce portal,” CAIT said in a statement.

The MSME Ministry earlier deferred its decision to create a government-owned e-commerce portal for MSME entities.

In a letter to Gadkari on December 9, CAIT drew attention to reports of the ministry initiating a move to join hands with e-commerce companies including Amazon and Flipkart.

The traders were also protesting against the alleged violation of the foreign direct investment (FDI) policy by Amazon and Flipkart and said that “it is nothing but a deep rooted conspiracy of Amazon and Flipkart to enter into crony capitalism under the garb of bringing foreign investment which is being used for cash burning in maintaining predatory pricing and deep discounting, controlling inventory, having preferential seller system and exclusivity of products”.

Apart from New Delhi, business leaders from Tamil Nadu, Andhra Pradesh, West Bengal, Odisha, Maharashtra, Gujarat, Uttar Pradesh, Madhya Pradesh, Chandigarh, Punjab, Haryana, Jammu and Kashmir, Chhattisgarh, Puducherry, Rajasthan and Uttarakhand, among others, participated in the demonstration, CAIT said.

Flipkart Buys Back Shares Worth $350 mn.
New e-commerce norms to impact e-tailers: Flipkart. IANS

The traders of All India Mobile Retailers Association and All India Consumer Products Distributors’ Federation also attended the demonstration in large numbers, it added.

CAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal alleged that Flipkart and Amazon are leading losses of thousands of crores of rupees in the Goods and Services Tax (GST) revenue by artificially lowering the prices and by showing huge losses in their business.

CAIT has already urged Union Finance Minister Nirmala Sitharaman to conduct an investigation into these charges of tax avoidance.

The trade body has also urged Union Commerce Minister Piyush Goyal to conduct an investigation into whether there is any violation of the Foreign Exchange Management Act (FEMA) or other concerning laws by the e-commerce players.

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Announcing the next phase of the national movement against Amazon and Flipkart, Bhartia and Khandelwal said that the families of traders across the country will protest on December 24.

A postcard campaign will be launched across the country from December 15, under which traders will send postcards to leaders including the Prime Minister, Home Minister, Finance Minister, Commerce Minister and the Chief Ministers of all the states urging for action against these two companies, CAIT said.

On December 27, traders in various cities will go on a day-long token hunger strike, it added. (IANS)