Amazon doubles in on India, promises an ample amount $35B investment by 2030

Amazon has pledged a massive $35 billion investment in India by 2030, building on its existing $40 billion. This significant capital infusion will focus on AI-driven digitization, boosting exports to $80 billion, and creating one million new jobs. The move follows Microsoft’s substantial AI investment announcement, signaling a major tech push in the country.

The fresh investment builds on nearly $40 billion already invested in India over the past 15 years.
The fresh investment builds on nearly $40 billion already invested in India over the past 15 years.

New Delhi: Amazon strengthened its long-term commitment to India’s digital economy, artificial intelligence-led change, and job creation on Tuesday by announcing plans to invest more than $35 billion across all of its companies in the nation by 2030. Almost $40 billion has already been invested in India over the last 15 years, and this new investment adds to that total. At the sixth Amazon Smbhav Summit in New Delhi on December 10, the news was made in conjunction with the publication of an economic impact analysis by consulting firm Keystone Strategy.

According to the report, Amazon is now the biggest foreign investor in India, the biggest facilitator of e-commerce exports, and one of the top employers in the nation thanks to its cumulative investments in infrastructure development and employee compensation.

In keeping with India’s larger digital and economic aspirations, the company stated that its future investments will be centered upon three strategic pillars: export expansion, job creation, and AI-driven digitization.

Amazon claimed to have made significant investments in the construction of digital and physical infrastructure throughout India, including data centers, fulfillment centers, transportation networks, digital payment infrastructure, and technological platforms.

The Keystone research states that in 2024, Amazon supported about 2.8 million direct, indirect, induced, and seasonal jobs across industries, facilitated $20 billion in cumulative e-commerce exports, and digitalized over 12 million small companies.

These positions include customer service, operations, technology, and logistics, and they offer formal training, competitive compensation, and healthcare.

Beyond its direct employees, Amazon supports jobs in manufacturing, packaging, logistics, and technological services. Its marketplace also helps thousands of small business owners grow both domestically and internationally.

More than Million Jobs by 2030

Amazon intends to create one million more direct, indirect, induced, and seasonal jobs in India by 2030. These will be fueled by the company’s ongoing growth, the expansion of its fulfillment and delivery network, and demand spillover from related industries like manufacturing, transportation, and packaging. Amit Agarwal, Senior Vice President, Emerging Markets at Amazon, commented on the development, stating that the company’s expansion in India has precisely matched the nation’s aspirations for digitalization.

Agarwal remarked, “We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat.” “We have made large investments to expand the digital and physical infrastructure for Indian small businesses, generate millions of jobs, and expand Made-in-India worldwide.”

strong emphasis on internet access, exports, and AI

Amazon stated that it intends to democratize access to AI throughout India as part of its long-term commitment, making AI tools accessible to companies, customers, and students.

With sellers on Amazon.in currently utilizing AI-powered products like Seller Assistant and next-generation selling solutions, the company hopes to assist 15 million small enterprises by 2030. Additionally, it intends to improve hundreds of millions of consumers’ buying experiences through AI-driven technologies like multilingual interfaces to get beyond literacy challenges, conversational shopping with Rufus, and visual discovery using Lens AI. Additionally, Amazon pledged to provide 4 million children in government schools with AI education and job exploration through teacher training, technology career tours, hands-on AI sandbox experiences, and organized curriculum assistance.

The program will be administered via a combination of nonprofit collaborations and technological know-how, and it is in line with India’s National Education Policy 2020. Regarding exports, Amazon stated that its goal is to increase India’s total e-commerce exports from $20 billion to $80 billion by 2030. “As we democratize access to AI for millions of Indians, create one million job opportunities, and scale e-commerce exports to $80 billion by the end of the decade, we are excited to continue being a catalyst for India’s growth,” Agarwal stated.

Amazon’s long-term investment in India

Amazon stated that it intends to further accelerate India’s digital transformation, boost its small company ecosystem, encourage innovation, and deepen logistics and technology infrastructure with its extra $35 billion investment pledge through 2030. Given the growing competition in e-commerce, cloud computing, logistics, and AI-driven consumer services, the announcement solidifies India’s standing as one of Amazon’s most important growth regions worldwide.

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