New Delhi, Oct. 27 -- Amazon announced on Monday that it has helped Indian vendors exceed $20 billion in total exports, including nearly $7 billion this year, as small operators strive to counter the effect of new US import duties imposed in August.

The e-commerce giant stated that it remains confident in its long-term growth and has set a new objective of reaching $80 billion in exports by 2030, fuelled by rising worldwide demand for cosmetics, toys, furniture, and clothing (apparel).

Thousands of Indian artisans and small businesses were affected after the US doubled duties on certain goods to 50%, commencing on 27 August. The duties were introduced in response to India's purchases of Russian oil.

Amazon executives maintained that th...