Amazon's cloud unit to invest $13 billion in India by 2030
The Hindu
Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on May 18 it plans to invest ₹1.06 trillion ($13 billion) in India by 2030, doubling down on its past investments to cater to an ever-growing demand.
Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on May 18 it plans to invest ₹1.06 trillion ($13 billion) in India by 2030, doubling down on its past investments to cater to an ever-growing demand.
The latest investment will be used to build its cloud infrastructure in India and it will support over 1,00,000 full-time jobs annually, AWS said.
The company runs two data centres in the Indian subcontinent— one in Mumbai which was launched in 2016, and another in Hyderabad, started in 2022.
AWS's total planned investment in India adds up to about $16.4 billion by 2030, the company said in a statement.
The cloud platform offers more than 200 services, including storage, robotics and artificial intelligence.
Amazon's cloud division has been investing in regions across the world to provide seamless connectivity. Earlier this year it said it plans to invest $6 billion in Malaysia by 2037.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












