Amazon Commits $35B to India, Plans AI, Job Creation, and Export Growth by 2030 (Source: X/ @Moneygurudigi)
In one of the largest global tech investment flows into India, Amazon announced on Wednesday that it will invest $35 billion in its Indian operations by 2030. This comes on top of the $40 billion the American tech giant has already invested in the country.
The announcement follows closely after Microsoft CEO Satya Nadella revealed a $17.5 billion investment in AI and cloud infrastructure in India, highlighting a surge of major tech commitments to the country.
Amazon said its upcoming investments will focus on three strategic pillars: AI-driven digitization, export growth, and job creation.
“By 2030, Amazon plans to create one million additional job opportunities, boosting cumulative exports to $80 billion, delivering AI benefits to 15 million small businesses, hundreds of millions of shoppers, and providing AI education and career exploration opportunities to 4 million government school students,” the company stated.
Amit Agarwal, Senior VP for Emerging Markets at Amazon, added, “We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat. We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global. Looking ahead, we're excited to continue being a catalyst for India’s growth, as we democratize access to AI for millions of Indians, create 1 million job opportunities, and quadruple cumulative ecommerce exports enabled to $80 billion by 2030.”
So far, Amazon has enabled over $20 billion in exports from India. With the new commitment, the company aims to reach $80 billion in cumulative e-commerce exports by 2030.
To achieve this, Amazon launched “Accelerate Exports”, a manufacturing-focused initiative designed to connect digital entrepreneurs with manufacturers and help them become successful global sellers.
“As part of the program, Amazon will host on-ground onboarding drives in over 10 manufacturing clusters across India, including Tirupur, Kanpur, and Surat. At the Smbhav summit, Amazon announced a key partnership with the Apparel Export Promotion Council of India to grow and scale the program across India,” the company said.
This investment and initiative mark a significant step in strengthening India’s digital and export ecosystem while promoting AI adoption, creating jobs, and enhancing the global reach of Made-in-India products.
Also Read: Why SpiceJet Shares Have Raised 19% in Four Consecutive Sessions Amid IndiGo Flight Cuts
