New Delhi: Amazon has announced that it will invest more than 35 billion dollars in India by 2030 as part of a major plan to expand its operations, strengthen artificial intelligence capabilities and support more Indian businesses to sell worldwide.
The company said the investment will help create around one million new job opportunities across different sectors, including logistics, technology and customer support. Amazon also aims to increase the value of products exported from India through its platform to 80 billion dollars by 2030. Indian sellers have already crossed 20 billion dollars in cumulative exports.
A large portion of the new investment will go into building cloud and AI infrastructure. Amazon Web Services has earlier committed 12.7 billion dollars to support India’s growing AI ecosystem and help small businesses adopt new digital tools. The company expects this work to benefit nearly 15 million small and medium enterprises in the coming years.
Amazon’s announcement comes as global tech companies are making big bets on India’s fast growing digital economy. Microsoft recently committed 17.5 billion dollars to expand cloud and AI infrastructure in the country.
With rising internet use, increasing demand for online shopping and rapid digital adoption among small businesses, India has become one of Amazon’s most important markets. The company said its long term investment plans show its confidence in the country’s economic growth and digital transformation.
The focus over the next few years will include expanding supply chains, improving customer delivery, widening e commerce services and strengthening training programs that help people learn new technology skills.