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AWS to invest $12.7 billion in India

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Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it scales up its AWS business in the key overseas market.

The company, which has earlier invested $3.7 billion for AWS infra in India and currently maintains two data center regions in the South Asian market, said its spendings will support 131,700 full-time jobs.

“Since 2016, AWS has invested billions of dollars into cloud infrastructure in India to support the tremendous growth we have witnessed in the use of cloud for digital transformation,” said Puneet Chandok, president of commercial business, AWS India and South Asia, in a statement.

“AWS is committed to driving positive social and economic impact in India. In addition to building cloud infrastructure and helping local customers and partners digitally transform, we have trained more than four million people in India with cloud skills since 2017, and invested in six utility-scale renewable energy projects to meet our global 100% renewable energy goal by 2025. Our planned investment of INR 1,05,600 crores (US $12.7 billion) by 2030 will help create more beneficial ripple effects, supporting India on its path to becoming a global digital powerhouse.”

More to follow.

AWS to invest $12.7 billion in India by Manish Singh originally published on TechCrunch