Amazon Unveils $35 Billion India Plan to Boost AI, Jobs and Exports by 2030
Amazon has announced a major expansion of its long-term commitment to India, revealing plans to invest more than $35 billion across all its businesses in the country by 2030. The announcement came shortly after Microsoft committed $17.5 billion to strengthen India’s cloud and AI infrastructure, signalling a renewed global interest in India as a key technology and innovation hub. Amazon said its investment roadmap will focus on three core pillars—AI-driven digitisation, export growth, and large-scale job creation—alongside broader business expansion.
Earlier this month, Amazon had revealed a $12.7 billion investment to boost its cloud and AI capabilities by expanding data centres in Telangana and Maharashtra. With the latest announcement, its total committed investment for the coming years has grown significantly. Since entering India in 2013 with its online marketplace and beginning operations as early as 2010, Amazon’s cumulative investment in the country now stands at around $40 billion. The company said the new capital infusion aims to accelerate digital transformation, expand essential infrastructure, and promote innovation in line with India’s national development goals. It added that strengthening AI capabilities, growing logistics networks, and empowering small businesses remain key priorities.
Speaking at Amazon Smbhav, the company’s annual gathering for MSMEs, Amit Agarwal, Senior Vice President for Emerging Markets, said Amazon is proud to have supported India’s digital growth over the last 15 years. He highlighted the company’s efforts in building both physical and digital infrastructure for local entrepreneurs, generating millions of jobs, and helping Indian products reach global markets. Agarwal said Amazon aims to “democratise access to AI” for millions, create one million additional job opportunities, and grow cumulative e-commerce exports to $80 billion by 2030.
As part of its export strategy, Amazon introduced a new programme called Accelerate Exports. The initiative is designed to directly connect manufacturers with digital entrepreneurs, helping them become successful global sellers. Amazon will organise on-ground onboarding drives in more than 10 manufacturing clusters, including key hubs like Tirupur, Kanpur and Surat. At the event, the company also announced a partnership with the Apparel Export Promotion Council of India to further strengthen India’s manufacturing-export ecosystem.
A new Economic Impact Report by Keystone Strategy, launched at the summit, highlighted Amazon’s contribution to India’s economy. The report noted that Amazon has digitised over 12 million small businesses, supported $20 billion in cumulative e-commerce exports, and enabled around 2.8 million jobs across sectors as of 2024. Looking ahead, Amazon aims to bring AI benefits to 14 million small businesses, offer AI learning opportunities to 4 million government school students, and serve hundreds of millions of consumers with advanced digital services.
Amazon’s announcement comes at a time when global tech companies are sharply increasing their AI investments in India. Along with Amazon and Microsoft, Google has pledged $15 billion to build an AI data centre in Visakhapatnam and is collaborating with Reliance Industries on an AI-focused cloud region. Together, these developments underline India’s growing importance in the global AI and technology landscape.
Source: Business Standard
