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Amazon has committed to investing $$35 billion in india’s cloud and ai space by 2030, as hyperscalers race to get a foothold in the market. Announced at the sixth edition of the amazon smbhav summit in new delhi, the plan signals where the company sees its next major growth engine The investment builds on $40 billion already invested in india.
Amazon announces over 35 billion dollar investment in india by 2030 at the amazon smbhav summit, focusing on ai, exports, job creation and digital growth. Amazon plans to invest more than $35 billion in india by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the u.s Amazon said on wednesday it will invest an additional $35 billion in india by 2030, taking its total planned commitment in the country to about $75 billion as it expands its retail and cloud.
Amazon will build on the $40 billion invested in india so far that has digitized 12 million small businesses, enabled $20 billion in exports and supported 2.8 million jobs in 2024.
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