THE WHAT? Amazon has outlined plans to invest more than US$35 billion in India by 2030, focusing on AI development, export growth and expanded operational infrastructure as competition intensifies in one of the world’s fastest-growing digital markets.
THE DETAILS The investment builds on Amazon’s existing US$40 billion commitment to India since 2010 and follows a broader surge of U.S. tech capital into the country, with Microsoft and Google recently announcing multibillion-dollar AI and cloud infrastructure plans.
Amazon’s strategy includes strengthening AI capabilities, scaling logistics and fulfilment networks, and supporting small business digitisation. The company also aims to create 1 million additional job opportunities in India by 2030.
In exports, Amazon reports more than US$20 billion in cumulative global sales generated by Indian sellers over the past decade, with a target of US$80 billion by 2030. The investments also position Amazon more competitively against major rivals in the market, including Walmart-owned Flipkart and Reliance Industries’ fast-growing retail ecosystem.
India remains a priority market for Amazon, driven by its expanding internet population and increasing demand for digital commerce, cloud services and AI-enabled business solutions.
THE WHY? India’s rapid digitalisation and rising consumer base are accelerating the need for large-scale infrastructure and AI investment, making the market a focal point for global tech firms seeking growth beyond mature Western economies.
Source: Reuters
The post Amazon to Invest Over US$35 Billion in India to Accelerate AI, Exports and Infrastructure Expansion appeared first on Global Cosmetics News.