Amazon Promises To Invest $35 Billion In India With Focus On AI-Driven Digitization

(MENAFN- KNN India) New Delhi, Dec 11 (KNN) American e-commerce giant Amazon has announced plans to invest more than $35 billion in India by 2030 to expand its businesses with focus on AI-driven digitization, export growth and job creation.

The company detailed its investment plans at the sixth edition of the Amazon Smbhav Summit in New Delhi

Amazon said it has so far invested about $40 billion in India to expand its operations and building infrastructure. The investment also includes compensation to its employees.

"The company has invested at scale towards building physical and digital infrastructure, including fulfilment centers, transportation networks, data centers, digital payments infrastructure and technology development," the company said.

Amazon said it has digitized over 12 million small businesses in India and enabled $20 billion in cumulative ecommerce exports. The company further said that it supported nearly 2.8 million direct, indirect, induced and seasonal jobs across industries in India in 2024.

“We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global," said Amit Agarwal, Senior VP Emerging Markets, Amazon.

Agarwal stated that Amazon's growth journey in India over the last 15 years has been aligned with the country's Atmanirbhar and Viksit Bharat mission.

The company said that it will support 3.8 million direct, indirect, induced and seasonal jobs in 2030 as it grows its network.

These will stem from Amazon's business expansion as well as its growing fulfillment and delivery network, which simultaneously supports parallel industries including packaging, manufacturing, and transportation services.

The tech major said that with the additional $35 billion in planned investment by 2030, Amazon aims to further accelerate digital transformation, strengthen infrastructure, and support innovation across the country.

"These investments are strategically aligned with India's national priorities and will focus on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth and creating jobs," it noted.

The company said its comprehensive AI commitment will transform India's digital landscape to support the government's vision of "AI for All."

Amazon plans to take benefits of AI to 15 million small businesses by 2030.

(KNN Bureau)

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