Amazon Web Services to invest $12.7 bn in India’s Cloud Infrastructure to meet growing demand

Mumbai, May 18 (KNN) Amazon Web Services, a subsidiary of Amazon on Thursday announced its plans to invest USD 12.7 billion in cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in the country.

The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year, Amazon Web Services (AWS) -- Amazon's cloud computing unit, as per a statement.

These positions, including construction, facility maintenance, engineering, telecommunications and other jobs, are part of the data centre supply chain in India.

AWS has also added its long-term commitment in the country will reach Rs 1,36,500 crore (USD 16.4 billion) by 2030.

This follows AWS' investment of Rs 30,900 crore (USD 3.7 billion) between 2016 and 2022 which will bring its total investment in India to Rs 1,36,500 crore (USD 16.4 billion) by 2030.

“This investment is estimated to contribute Rs 1,94,700 crore (USD 23.3 billion) to India's total gross domestic product by 2030,” the statement said.

AWS added that its investment in India has a ripple effect on the local economy in areas such as workforce development, training and skilling opportunities, community engagement and sustainability initiatives.  (KNN Bureau)