Web Desk (MNN); Amazon has unveiled plans to invest more than $35 billion in India by 2030, aiming to expand its operations through enhanced artificial intelligence capabilities and increased exports. The announcement comes as major global tech companies intensify their presence in Asia’s third-largest economy.
This year, leading U.S. tech giants have committed massive funding to India, reflecting the country’s growing importance as a strategic center for cloud computing, AI development and deep-tech innovation.
On Tuesday, Microsoft announced a $17.5 billion investment for AI and cloud infrastructure in India, marking its biggest-ever commitment in Asia. Google has also pledged $15 billion over the next five years to build advanced AI data centers.
Amazon said its fresh investment aligns with India’s national priorities and will support the expansion of AI technology, improvement of logistics networks, development of small businesses and large-scale job creation.
The company has been significantly increasing its footprint in India to compete with Walmart-backed Flipkart and Reliance Industries’ fast-growing retail division.
Amazon, which has already invested $40 billion in India since 2010, had earlier announced a $26 billion commitment in 2023.
The company said it aims to generate one million new jobs in India by 2030. It also noted that Amazon’s platform has already facilitated more than $20 billion in exports over the past decade, with a target of raising that figure to $80 billion by 2030.
As the world’s most populous nation with a rapidly expanding internet user base, India remains one of Amazon’s most crucial international markets.
