New Delhi: Amazon on Wednesday unveiled a fresh commitment to invest up to USD37 billion in India by 2030, expanding its focus on artificial intelligence, logistics capabilities, and job creation. This long-term push is expected to create 1 million additional jobs nationwide.
Making the announcement during the Amazon Smbhav Summit, Senior V.P. Emerging Markets, Amit Agarwal, said these investmet will be made through 2030 under three pillars – AI-driven digitization, export growth and job creation. “We will unlock AI for 15 million small businesses, hundreds of millions of customers and 4 million government school children; boost cumulative exports to $80 billion and help create over a million job opportunities in India,” he said.
Earlier, the company had indicated a plan to pump USD15 billion into its India operations within this decade, including a sizable USD12.7-billion allocation from Amazon Web Services to strengthen cloud infrastructure amid increasing demand.
The tech major has also set a new target for global sales sourced from India. By the end of 2030, Amazon intends to scale e-commerce exports from India to USD80 billion, marking a fourfold rise from current levels.
“We’ve always been at the forefront of #ViksitBharat #AtmanirbharBharat and have been proud drivers of transformation, innovation and development across the country. Grateful for the opportunity to continue empowering every life we touch and play our part in fueling India’s growth,” Agarwal wrote in a post on X.
An Economic Impact Report by Keystone Strategy highlighted that Amazon’s cumulative investments – amounting to nearly USD40 billion, covering employee compensation and infrastructure development – position the company as India’s largest foreign investor, a leading driver of export-led e-commerce, and one of the country’s most significant job contributors.
By 2030, Amazon’s expanding ecosystem is projected to support 3.8 million jobs, spanning direct employment, indirect opportunities, seasonal work, and roles generated across associated sectors such as packaging, transport, manufacturing, and last-mile delivery.
Amazon’s annoucement came a day after Microsoft CEO Satya Nadella announced that the company has committed US$ 17.5 billion investment in India. Nadella, who met Prime Minister Modi on Wednesday, wrote on X that “to support the country’s ambitions, Microsoft is committing US$ 17.5 billion – our largest investment ever in Asia – to help build the infrastructure, skills, and sovereign capabilities needed for India’s AI-first future.”
Global technology giants are increasingly directing their artificial intelligence investments toward India. Along with Microsoft and Amazon, Google has stepped up its commitments in the country. The tech company recently announced plans to invest USD 15 billion in an AI-driven data centre ecosystem in Visakhapatnam, Andhra Pradesh. Google is also collaborating with Reliance Industries to establish a dedicated cloud region designed to support advanced AI applications across key sectors.
