Amazon has announced plans to invest $12.7 billion in its cloud business, Amazon Web Services (AWS), in India by 2030. This move aims to scale up AWS infrastructure in the key overseas market, highlighting the company’s commitment to the Indian cloud industry. With this investment, Amazon projects the creation of 131,700 full-time jobs across various roles such as engineering, telecommunications, and construction.
This decision marks a significant increase from Amazon’s initial strategy, which stated a $4.4 billion investment in AWS in the South Asian economy. India, the world’s second-largest internet market, has experienced a substantial surge in cloud adoption across various industries in recent years, reflecting the sector’s strong growth. AWS holds a dominant position within the Indian market and serves notable customers including the Indian Ministry of Electronics and Information Technology, Axis Bank, HDFC Life, and Niti Aayog, among others.
Google and Microsoft have also expanded their cloud businesses in India, reflecting the overall growth potential of the Indian public cloud services market, which is projected to reach $13 billion by 2026, according to IDC.
In addition to the infrastructure development, AWS has been actively contributing to India’s digital transformation. Since 2017, the company has trained over four million individuals with cloud skills and invested in six utility-scale renewable energy projects to meet its global goal of 100% renewable energy by 2025.
This new investment reinforces Amazon’s commitment to India as a key overseas market. Over the past decade, the company has invested over $6.5 billion in India’s e-commerce sector. The substantial AWS investment surpasses the company’s spendings in its core e-commerce business.
The announcement aligns with the Indian government’s Digital India vision, which aims to expand cloud and data center infrastructure in the country. Rajeev Chandrashekhar, Minister of State for Electronics and Information Technology, Skill Development, and Entrepreneurship in India, welcomed the AWS investment, stating that it will catalyze India’s digital economy. The Ministry of Electronics and Information Technology (MeitY) is also working on a Cloud & Data Center Policy to promote innovation, sustainability, and growth in India’s cloud industry.
