Amazon To Invest Over $35 Billion In India Through 2030

SEATTLE, WA – Amazon on December 10 announced plans to invest more than $35 billion across all its businesses in India through 2030.

The company plans to spread this investment across what it calls its three strategic pillars: AI-driven digitization, export growth, and job creation, besides overall business expansion.

“These investments are strategically aligned with India’s national priorities and will focus on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth and creating jobs,” the company said at ‘Smbhav’, its annual summit for MSMEs.

Amazon 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.

By 2030, Amazon plans to create 1 million additional job opportunities, boosting cumulative exports to $80 billion, delivering AI benefits to 15 million small businesses, hundreds of millions of shoppers, and providing AI education and career exploration opportunities to 4 million government school students.

The company also launched ‘Accelerate Exports’, a manufacturing-focused initiative designed to connect digital entrepreneurs with manufacturers.

During the earlier edition of ‘Smbhav’ last year, Amazon had outlined its export goals of $80 billion by 2030. (IANS)