Amazon recently announced plans to invest $35 billion across its businesses in India over the coming five years. They estimated that this move will assist in the creation of up to one million jobs in the country.
At the Amazon Smbhav Summit in New Delhi, the e-commerce giant stated with the planned investment by 2030 it aims to accelerate digital transformation, strengthen infrastructure and support innovation across the country.
Amazon SVP for emerging markets Amit Agarwal noted it is “excited to continue being a catalyst for India’s growth, as we democratise access to AI for millions of Indians”.
The company said it has pumped a total of $40 billion in India. Agarwal added the company has invested in “growing the physical and digital infrastructure for small businesses in India, creating millions of jobs”.
The commitment comes a day after Microsoft announced plans to invest $17.5 billion in the country between 2026 and 2029, with a focus on hyperscale capacity.
Source: Mobile World Live
Image Credit: Amazon
