Amazon sees India as a long-term bet with significant headroom for e-commerce growth, says India VP


Amazon views India as a long-term investment market where e-commerce is still in its early stages, with substantial headroom for growth supported by strong macroeconomic fundamentals and upbeat consumer sentiments, according to a senior company executive.

Abhinav Singh, VP – Operations, India and Australia for Amazon, said that the company’s recent announcement here on expansion of ‘zero referral fee’ coverage to 12.5 crore products (from 1.2 crore items in 2025) has got positive and encouraging response from sellers.

“The response from the sellers has been very encouraging. They’re excited not just with the fee reduction, but also excited to pass on those benefits to the customers, so customers in the marketplace can enjoy better prices. And at the same time, from a seller perspective, they are able to improve their margin so they are really excited about it,” he said.

He said the company’s long-term outlook for India remains robust, given the structural advantages.

“… We have been very sure that for us being in India is a long-term investment… retail and within that e-commerce is just about getting started. It is a single-digit percentage of the overall retail market, and there is tremendous headroom for us to grow,” Singh told PTI.

As per a report by BCG, e-commerce — currently at USD 120-140 billion — is estimated to reach USD 280-300 billion by 2030, with a shopper base nearing 440 million; it will still be at 7-8 per cent of total consumer spends.