Prime Highlights:
- Amazon will invest over $35 billion by 2030 to support India’s digital and technology growth.
- The investment aims to expand cloud infrastructure, support businesses, and create new opportunities across the country.
Key Facts:
- Amazon’s new commitment builds on the $40 billion already invested in India over the years.
- The company says this funding will help grow exports, increase digital adoption, and create new jobs nationwide.
Background:
Amazon has announced a big expansion of its plans in India, promising to invest more than $35 billion by 2030 to improve the country’s cloud systems, digital services, and overall technology growth. The announcement was made at the Amazon Smbhav Summit in New Delhi and is one of the company’s largest long-term commitments in India.
This new investment adds to the nearly $40 billion Amazon has already put into the country. The company said the money will help more people go digital, grow exports, and create more jobs in India. Amazon expects the move to create around 1 million additional jobs, direct and indirect, while helping raise its cumulative exports to $80 billion by the end of the decade.
Industry experts point out that India is one of the fastest-growing markets in the Asia-Pacific region for digital and data-driven services. Many businesses in India still do not have strong enough computing systems to support their growing digital needs, which creates a major opportunity for development.
Amazon’s move follows a global trend. Microsoft also announced a $17.5 billion investment in India, showing the country’s rising importance for major tech firms.
Amit Agarwal, Amazon’s senior vice president for emerging markets, said the company is proud to have supported India’s digital progress over the past 15 years. He added that Amazon remains committed to empowering millions of people and businesses as the country accelerates its digital growth.
