By 2030, Amazon wants to invest a staggering $12.7 billion (Rs 1,05,600 crore) in India’s cloud infrastructure, reiterating its commitment to expanding its AWS business in the important international market. This action is being taken since the business is attempting to cut costs in the area. Amazon has previously established two data center regions in the South Asian market with an investment of $3.7 billion in AWS infrastructure in India. A total of 131,700 full-time jobs are anticipated to be supported by the most recent investment.
The business is strengthening its ties to India. Amazon has announced its desire to invest $4.4 billion in AWS for the nation. Amazon wants to improve its position and further establish its domination in the Indian cloud sector with this substantial capital infusion.
Axis Bank, HDFC Bank, Niti Aayog, PhysicsWallah, and Acko are just a few of the notable clients of Amazon’s cloud division, AWS, which now dominates the Indian cloud market. Since 2016, the firm has consistently invested in India’s cloud infrastructure, allocating billions of dollars to help the nation’s impressive development in cloud adoption for digital transformation.
AWS is committed to promoting positive social and economic impact in India, according to Puneet Chandok, the president of commercial business at AWS India and South Asia. We have trained more than four million people in India with cloud skills since 2017 and invested in six utility-scale renewable energy projects to meet our global goal of 100% renewable energy by 2025, in addition to developing cloud infrastructure and assisting local customers and partners in digital transformation. By 2030, we intend to invest Rs 1,05,600 crore, or $12.7 billion, to further the positive ripple effects that will promote India’s development into a leading digital economy.
With over $6.5 billion invested in India’s e-commerce business over the previous ten years, Amazon sees the country as strategically important. While Microsoft maintains three cloud zones, Google likewise runs two of them in India. As they compete for supremacy in the quickly expanding cloud computing business, these tech behemoths’ fierce struggle highlights the value of the Indian market.
Interestingly, Amazon announced its significant cloud investment at the same time that numerous businesses in India closed, which led some analysts to wonder if the corporation was reducing its presence in the nation. Notably, Walmart, an international rival of Amazon, has also been making investments in India and has given the nation about $2.5 billion so far this year.
