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Amazon India set to address for 4% of the total sales of the firm by 2023

Shortpedia

Content Team
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India is intended to address for 13% of Amazon's global sales and 4% of total sales by 2023, according to an RBC Capital Market report. Indian sales are expected to bring a total of $32 billion by 2023, giving Amazon a 35% market share in Indian eCommerce. The study ascribed sales rise in the pace of smartphone use, middle-class population, youth demographics, and eCommerce firms such as Amazon and Flipkart's growth.