Amazon plans to invest an additional $13 billion in India by 2030 to expand and sustain the country’s artificial intelligence and cloud computing infrastructure. The contribution adds to the US$ 35 billion in investments in its businesses in India announced in December, the American technology company said on Thursday.
According to the company, the new resources will be aimed at expanding the capacity of Amazon Web Services (AWS) data centers in Mumbai and Hyderabad, in addition to expanding access for startups, enterprises and government agencies to custom AI chips, managed AI services, cloud technologies and developer tools.
Amazon also said it plans to open more than 20 distribution centers and more than 100 delivery stations across India this year. “By 2030, the company will focus on AI-driven digitalization, export growth and job creation,” the company said.
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The company reiterated its commitment to supporting 3.8 million jobs in India and achieving $80 billion in cumulative exports. In total, Amazon plans to invest more than US$88 billion in India between 2010 and 2030.
India has attracted tens of billions of dollars from big technology companies this year, bolstering its appeal as a hub for AI and cloud computing. Large American data center companies – known as hyperscalers – have been attracted to India, where the 1.4 billion consumer base is among the most intensive in its use of data and AI chatbots.
In October, Google announced an investment of US$15 billion in data centers in the southeast of the country, in addition to connections via submarine cables. In December, Microsoft revealed its largest-ever investment in Asia, with a $17.5 billion commitment to develop India’s cloud and AI infrastructure.
Earlier this year, India launched a policy to attract more investment in technology. The government began offering long-term tax incentives to global hyperscalers that use data centers installed in the country to support international operations. Source: Dow Jones Newswires.
