Amazon announced a major $35 billion investment in India by 2030, focusing on AI-driven digital growth, infrastructure expansion, exports and job creation. The plan aims to boost e-commerce, empower small businesses, and accelerate India’s digital economy.
Amazon's Big Investment in India: What's the Complete Plan?
New Delhi: Amazon has announced a massive investment of US$35 billion (over ₹3.14 lakh crore) in India by 2030. This investment will be used to strengthen the company's various business segments, such as e-commerce, cloud computing, AI-based digital infrastructure, and logistics. The main objective is to accelerate digitalization in the country, boost exports, and create large-scale employment opportunities.
Amazon's Senior Vice President, Amit Agarwal, stated at the Amazon Smbhav Summit that the company aims to increase e-commerce exports from India from US$20 billion to US$80 billion. This means that in the coming years, small and medium-sized businesses in India will have an even larger platform in the global market.
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Amazon has announced that it will strive to create approximately 1 million new job opportunities in India by 2030. This will include direct employee hires, indirect employment, delivery partners, warehouse employees, and jobs in the technology sector.
Amazon has invested US$40 billion in India since 2010. Now, the company is going to increase this investment by an additional US$35 billion by 2030.
Government eases export norms and supports digital trade expansion.
In addition, in May 2023, Amazon announced that it would invest US$12.7 billion in Telangana and Maharashtra for the development of cloud and AI infrastructure. The company had already invested US$3.7 billion between 2016 and 2022.
The company stated that it will expand and improve its:
This will accelerate the e-commerce ecosystem.
According to the 'Keystone' report, Amazon has digitized more than 12 million small businesses to date. The company has also facilitated $20 billion in e-commerce exports and created approximately 2.8 million direct and indirect jobs.
These initiatives are providing new opportunities for small Indian entrepreneurs in the global market, thereby accelerating the growth of digital commerce in the country.
