Amazon $35 Billion Investment:
Amazon has announced a huge $35 billion investment for its India operations by 2030, which will significantly boost the country’s tech and digital economy.In addition, the company has already made $40 billion in investments in the nation over the years.
The ecommerce and cloud giant said the new investment will support its expansion across three key areas — AI-driven digitization, exports, and job creation.
Comes a Day After Microsoft’s Big Announcement
Amazon’s announcement comes just a day after Microsoft CEO Satya Nadella committed $17.5 billion for AI and cloud infrastructure in India. Together, the two announcements mark one of the largest global tech investment waves into the country.
Amazon is heavily investing in India’s digital future, as evidenced by its 2030 vision for the nation. By 2030, Amazon hopes to add one million new jobs in India, contributing to an increase in employment in the retail, logistics, and technology sectors. Additionally, the company wants to boost international trade through Indian sellers by raising India’s total exports to $80 billion. Amazon aims to make digital tools more user-friendly and accessible for hundreds of millions of customers and 15 million small businesses by utilizing AI technology. In order to help prepare the next generation for jobs in technology, the company will also fund AI education and career programs for 4 million students in government schools. Overall, this investment highlights India’s rising position as a global centre for digital innovation, AI development and major tech infrastructure.
