Amazon plans to increase exports from India four-fold to $80 billion by 2030, compared with $20 billion at present, and simultaneously enhance the digitisation of businesses on its platform through AI adoption. The company said these initiatives will help create one million jobs in the process.

Talking about the major milestones in the digitisation of businesses and exports from India, Dharmesh Mehta, Vice President of Worldwide Selling Partner Services at Amazon, said, “Five years ago, we set three big milestones—digitising 10 million businesses, helping drive $20 billion in cumulative exports, and creating jobs for over 2 million people.”

“It is exciting that we have hit every one of those milestones. We have digitised 12 million businesses, hit the $20 billion export mark, and provided 2.8 million jobs, directly or indirectly, in India,” Mehta told Fortune India.

Next big move: $80 billion exports

Mehta said that in the next five years, the firm plans to enhance exports from India four-fold and deepen digitisation and AI adoption among businesses.

“We're not done. We've set new milestones. Probably the one I'm personally most excited about is the $20 billion in cumulative exports we achieved over the last five years. In the next five years, by 2030, we'll get to $80 billion in cumulative exports,” Mehta said.

“And then this transformation will help people go beyond digitisation. Instead of just digitising, we are really helping AI-enable all these businesses. So, instead of digitising 10 million businesses, we're going to help AI-enable 15 million small businesses by 2030. And on the jobs front, we're going to add 1 million more jobs, taking the total to 3.8 million jobs by 2030,” Mehta added.

Mehta said India is very important in terms of what it can bring to the rest of the world. “In my role helping run our seller business, we provide all the tools and capabilities sellers need to help them succeed,” he said.

Upside to export potential

Mehta said he expects exports from India to exceed targets and sees upside potential beyond the $80 billion goal.

“I think the opportunity over time is much larger. Taking the $20 billion we have done since Amazon India opened 12 years ago and achieving four times that in the next five years is a pretty big acceleration. That said, I don't think we'll be done by any means, and our teams are absolutely working to go much bigger than that and as fast as we can,” he said.

“There are entrepreneurs here, artisans here, manufacturing and textiles—things being created that should be sold to the world. Part of what we try to do through our technology is help sellers grow while making it easier and lowering their costs,” he added.