Amazon plans to invest over $35 billion in India by 2030, bringing its total investment in the country to $75 billion. This significant investment will focus on AI-driven digitization, export growth, and job creation. Amazon's announcement comes a day after Microsoft's $17.5 billion investment promise in AI and cloud infrastructure in India.
Amazon has already invested nearly $40 billion in India since entering the market 15 years ago. This makes the U.S.-based company the largest foreign investor in India by cumulative disclosed figures. The additional $35 billion aims to further expand Amazon's reach and impact across various sectors in India.
A key focus of this investment is to advance AI adoption across India. Amazon plans to enable 15 million small businesses to use AI tools, enhance digital shopping experiences, and provide AI education and career exploration opportunities to 4 million government school students by 2030.
Amazon also aims to significantly boost exports from India. The company has helped digitize over 12 million small businesses and supported $20 billion in cumulative e-commerce exports through its existing investments. With the additional $35 billion, Amazon aims to quadruple that figure to $80 billion by 2030. Amit Agarwal, Senior VP for Emerging Markets at Amazon, said that the company has invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global.
Job creation is another critical aspect of Amazon's investment plan. As of 2024, Amazon's investments have supported roughly 2.8 million jobs in India, including direct, indirect, seasonal, and induced roles. Looking ahead, the company aims to create an additional 1 million jobs by 2030. These jobs will stem from core business expansion and adjacent sectors like packaging, transportation, and manufacturing, driven partly by Amazon's growing fulfillment and delivery infrastructure.
Amazon's commitment to India aligns with the Indian government's vision of an Atmanirbhar (self-reliant) and Viksit Bharat (developed India). The company aims to be a catalyst for India's growth by democratizing access to AI, creating job opportunities, and enabling e-commerce exports.
