AWS will invest $8.3 billion on cloud infrastructure in India, thousands of employment opportunities will be created
Amazon Web Services (AWS) has announced plans to invest USD 8.3 billion in cloud infrastructure in the AWS Asia-Pacific (Mumbai) region in Maharashtra to further expand cloud computing capabilities in India. The investment is part of AWS’ larger planned investment of USD 12.7 billion for India by 2030, announced in May 2023. “AWS announced its plans to invest USD 8.3 billion in cloud infrastructure in the AWS Asia-Pacific (Mumbai) region in Maharashtra to further expand cloud computing capabilities in India,” Amazon’s cloud computing unit said in a press release.
GDP will benefit
It is estimated that this investment will contribute US$15.3 billion to India’s gross domestic product (GDP). More than 81,300 full-time jobs will be created annually in the local data center supply chain by the year 2030. The Maharashtra government and AWS exchanged a memorandum of understanding at the World Economic Forum in Davos to formalize the investment plan. Maharashtra Chief Minister Devendra Fadnavis said, “As we move towards our vision of becoming the global capital for data centers. This collaboration will not only strengthen our state’s technology infrastructure, but will also generate new opportunities for innovation, economic growth and job creation. We are committed to promoting a favorable environment for data centers. Such transformational investments will help advance Maharashtra’s digital future. “
Invested earlier too
AWS has invested more than US$3.7 billion in cloud infrastructure in Maharashtra between 2016 and 2019. David Zapolsky, Senior Vice President, Global Public Policy at Amazon, said, “At AWS, we see tremendous potential for India’s digital economy to flourish in the coming years with growing demand for cloud and AI. That’s why we plan to invest US$8.3 billion in cloud infrastructure in Maharashtra by 2030.”
