Amazon has announced plans to invest more than US$ 35 billion across all its businesses in India through 2030, building on nearly US$ 40 billion invested in the country so far. This investment will focus on business expansion as well as three strategic pillars: AI-driven digitisation, export growth, and job creation.
The announcement was made at the sixth edition of the Amazon Smbhav Summit in New Delhi, close at the heels of Microsoft’s announcement of US$ 17 billion into India’s cloud and AI infrastructure. Readers would recall that in October this year, another tech giant, Google, had announced plans to invest US$ 15 billion into an AI hub in India. When it comes to digital infrastructure, AWS operates two cloud infrastructure regions in India, in Mumbai and Hyderabad.
Amit Agarwal, Senior VP Emerging Markets, Amazon, says, “Looking ahead to 2030, we’re excited to continue being a catalyst for India’s growth, as we democratize access to AI for millions of Indians and quadruple cumulative ecommerce exports enabled to US$ 80 billion. In 2030, Amazon businesses will support 3.8 million direct, indirect, induced and seasonal jobs.”
With the additional US$ 35 billion in planned investment by 2030, Amazon aims to further accelerate digital transformation, strengthen infrastructure, and with a roadmap focused on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth and creating jobs.
