Amazon has made a staggering commitment to boost cloud infrastructure in India by investing a significant amount of Rs 1,05,600 crore ($12.7 billion) by 2030. This move reaffirms Amazon’s dedication to expanding its AWS business in one of its key overseas markets. Despite reducing expenditures in the region, Amazon’s latest investment demonstrates its long-term vision and commitment to India’s cloud market.

Previously, Amazon had already invested $3.7 billion in AWS infrastructure in India, establishing two data centre regions. This new investment is expected to fuel the creation of 131,700 full-time jobs, highlighting Amazon’s commitment to driving economic growth and employment opportunities in India.

The company is heavily focused on solidifying its position in India’s cloud market, where its cloud unit, AWS, currently leads the industry. AWS boasts an impressive clientele that includes prominent names such as Axis Bank, HDFC Bank, Niti Aayog, PhysicsWallah, and Acko. Since 2016, Amazon has been consistently investing in cloud infrastructure in India, recognizing the country’s remarkable growth in cloud adoption for digital transformation.

Puneet Chandok, the president of commercial business at AWS India and South Asia, emphasized Amazon’s commitment to driving positive social and economic impact in India. In addition to building cloud infrastructure, Amazon has been actively training millions of people in India with cloud skills since 2017 and investing in renewable energy projects to achieve its global 100% renewable energy goal by 2025. This massive planned investment of Rs 1,05,600 crore by 2030 will contribute to India’s journey to becoming a global digital powerhouse.

India holds strategic importance for Amazon, as the company has already invested over $6.5 billion in the country’s e-commerce market. In the cloud market, Amazon faces competition from tech giants like Google and Microsoft, both of which have established their cloud regions in India. The intense competition among these players reflects the immense growth potential of India’s cloud computing industry.

Interestingly, Amazon’s announcement of this substantial cloud investment comes amid the closure of some businesses in India, leading to speculation about the company scaling back its presence in the country. However, this latest commitment demonstrates Amazon’s unwavering belief in India’s market potential and its determination to expand its footprint. Walmart, a global rival of Amazon, has also been actively investing in India, further highlighting the significance of the country’s market for these major players in the tech industry.

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