Amazon Web Services (AWS) has revealed plans for a significant investment of around $8.2 billion in Maharashtra, India, over the next few years. This initiative is a crucial element of AWS’s broader strategy for global cloud expansion and is anticipated to yield considerable economic advantages for both the region and the nation as a whole. The investment is expected to add approximately $15.3 billion to India’s gross domestic product (GDP) and generate over 81,300 full-time jobs each year within the local data center supply chain by 2030.
This endeavor aligns with AWS’s earlier commitment to invest a total of $12.7 billion in cloud infrastructure throughout India by 2030, in response to the increasing demand for cloud services nationwide. As India intensifies its focus on developing local cloud data storage capabilities, the cloud services market is poised for significant growth. A report from the International Data Corporation indicates that India’s cloud market, valued at $8.3 billion in 2023, is projected to expand to $24.2 billion by 2028.At present, AWS operates two data centers in India: one in Mumbai, which was established in 2016, and another in Hyderabad, which commenced operations in 2022. Additionally, last year, Amazon announced a further investment of $2 billion in India, aimed at enhancing its e-commerce operations within the country, which is recognized as Asia’s third-largest economy.
