Amazon.com Inc. (NASDAQ: AMZN) announced on Wednesday that it will invest more than $35 billion in India by 2030, expanding its presence across artificial intelligence, export operations, and job creation.
The company said in a press release that this new investment builds on the nearly $40 billion Amazon has already committed to India. The funds will support both physical and digital infrastructure growth throughout the country.
Amazon also plans to create 1 million additional jobs, including direct, indirect, and seasonal positions, as part of its strategy to scale its ecommerce ecosystem and strengthen its operations in India.
A key focus of the investment will be providing new AI-driven tools and features for small and medium-sized businesses in the country, helping them grow and compete more effectively.
Amazon’s long-term commitment is part of a broader wave of massive spending from major U.S. tech firms looking to expand their AI capabilities. The latest announcement follows Microsoft’s $17.5 billion investment aimed at boosting India’s AI and cloud infrastructure.
Alphabet’s Google also recently pledged $15 billion to build data centers in India, highlighting the country’s rising importance in global technology and cloud markets.
