Amazon to invest $35 billion in India by 2030

Amazon has announced plans to invest more than $35 billion across all its businesses in India through 2030, building on nearly $40 billion invested in the country so far

Amazon said on Wednesday it will nearly double its investment in India, seeking to expand exports, create jobs and invest in artificial intelligence (AI) in the world’s most populous nation.

Several global corporations, including technology company Microsoft, have announced large investments this year in the world’s fifth-largest economy, which is projected to have more than 900 million Internet users by year’s end.

Amazon has announced plans to invest more than $35 billion across all its businesses in India through 2030, building on nearly $40 billion invested in the country so far, the US company said.

This investment will focus on business expansion as well as three strategic pillars: AI-driven digitisation, export growth, and job creation, it added.

The announcement comes a day after Microsoft said it will invest $17.5 billion on India’s AI infrastructure, with CEO Satya Nadella calling it “our largest investment ever in Asia”.

Amazon said it had invested in both building physical and digital infrastructure, including transportation networks, data centres, digital payments infrastructure and technology development.

The investment will create one million jobs, boost cumulative exports to $80 billion, and deliver AI benefits to 15 million small businesses, it added.

Amazon said it will also build on existing investments that have digitised 12 million small businesses and enabled $20 billion in exports.

We’re excited to continue being a catalyst for India’s growth, top Amazon official Amit Agarwal said.

Amazon’s is the latest in a slew of major tech investments in India.

On Tuesday, Microsoft said one of the key priorities of its investment plan was building secure, sovereign-ready hyperscale infrastructure to enable AI adoption in India.

At the heart of this effort is the significant progress being made at the India South Central cloud region, based in Hyderabad – that is set to go live in mid-2026, it added.