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Amazon Web Services To Invest $12 Bn In India’s Cloud Infra By 2030

Amazon Web Services To Invest  Bn In India’s Cloud Infra By 2030


Business

oi-Renu Baliyan

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In a bid to boost its presence, Amazon Web Services on Thursday declared that it plans to invest approximately USD 12.7 billion in cloud infrastructure in the country by 2030 as it is geared up to fulfill rising customer demand for cloud services in
the country.

The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year, Amazon Web Services (AWS) — Amazon’s cloud computing unit — said in a statement.

Amazon Web Services To Invest $12 Bn In India's Cloud Infra By 2030

These positions, including construction, facility maintenance, engineering, telecommunications and other jobs, are part of the data centre supply chain in India, according to a PTI report.

AWS said it plans to invest Rs 1,05,600 crore (USD 12.7 billion) in cloud infrastructure in India and added its long-term commitment in the country will reach Rs 1,36,500 crore (USD 16.4 billion) by 2030, added the PTI report.

This follows AWS’ investment of Rs 30,900 crore (USD 3.7 billion) between 2016 and 2022 which will bring its total investment in India to Rs 1,36,500 crore (USD 16.4 billion) by 2030.

“This investment is estimated to contribute Rs 1,94,700 crore (USD 23.3 billion) to India’s total gross domestic product by 2030,” the statement said.

AWS added that its investment in India has a ripple effect on the local economy in areas such as workforce development, training and skilling opportunities, community engagement and sustainability initiatives, as per the PTI report.

The company has two data centre infrastructure regions in India — the AWS Asia Pacific (Mumbai) Region, launched in 2016, and the AWS Asia Pacific (Hyderabad) Region, launched in November 2022, reported PTI.

Story first published: Thursday, May 18, 2023, 10:23 [IST]


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