Amazon has announced that it will invest more than $35 billion in India by 2030. The company said this money will be used to expand its operations, strengthen artificial intelligence (AI) technology, and increase exports from India. This move comes as major global tech companies continue to grow their presence in Asia’s third-largest economy. This year, several U.S. tech giants have made big commitments to India. Microsoft recently announced a $17.5 billion investment for AI and cloud infrastructure—its largest investment in Asia so far. Google has also committed $15 billion over the next five years to set up AI data centers. Amazon said its investment plans match India’s national goals. The company aims to build stronger AI capabilities, improve logistics, support small businesses, and create new jobs. To stay competitive with Walmart-owned Flipkart and Reliance Industries’ retail business, Amazon has been increasing its spending in India. By 2030, Amazon plans to create 1 million new job opportunities in the country. Over the past ten years, the company has already helped Indian sellers generate more than $20 billion in exports, and now aims to boost that number to $80 billion by 2030. India—now the world’s most populous country—is a key market for Amazon because of its rapidly growing number of internet users.
