Amazon Web Services on Thursday announced plans to invest $12.7 billion in cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in the country.
The planned investment in data center infrastructure in India is estimated to support an average of 1,31,700 full-time equivalent (FTE) jobs in Indian companies annually, Amazon Web Services (AWS) – Amazon’s cloud computing unit – said in a statement.
These positions, which include construction, facility maintenance, engineering, telecommunications and other jobs, are part of the data center supply chain in India.
AWS said it plans to invest Rs 1,05,600 crore (USD 12.7 billion) in cloud infrastructure in India and added that its long-term commitment in the country will reach Rs 1,36,500 crore (USD 16.4 billion) by 2030.
This follows AWS’ investment of Rs 30,900 crore (USD 3.7 billion) between 2016 and 2022, which will bring 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 is having a ripple effect on the local economy in areas such as workforce development, training and skills opportunities, community involvement and sustainability initiatives.
The company has two data center infrastructure regions in India: AWS Asia Pacific (Mumbai) region, launched in 2016, and AWS Asia Pacific (Hyderabad) region, launched in November 2022.
The two AWS regions are designed to provide Indian customers with multiple options to run workloads with even greater resiliency and availability, securely store data in India, and serve end users with low latency.
AWS has invested more than Rs 30,900 crore in AWS Asia Pacific (Mumbai) region between 2016 and 2022. This included both capital and operational expenditure associated with the construction, maintenance and operation of the data centers in that region.
It estimates that AWS’s total contribution to India’s gross domestic product between 2016 and 2022 was more than Rs 38,200 crore (USD 4.6 billion), and the investment supported nearly 39,500 FTE jobs in Indian companies annually.
“Prime Minister Narendra Modi’s Digital India vision is driving (the) expansion of cloud and data centers in India,” Rajeev Chandrasekhar, the Union’s minister of state for electronics and information technology, said in the statement.
The latest investment will catalyze India’s digital economy.
“MeitY is also working on cloud and data center policies to catalyze innovation, sustainability and growth of India Cloud,” said the minister.
Puneet Chandok, president of Commercial Business, AWS India and South Asia, said the planned investment “will help create more beneficial ripple effects and support India on its path to becoming a global digital powerhouse”.
The company noted that hundreds of thousands of its customers in India are running their workloads on AWS to realize cost savings, accelerate innovation and accelerate time to market.
This includes government agencies such as the Ministry of Electronics and Information Technology, public healthcare institutions such as the Aarogyasri Health Care Trust, major Indian corporations such as Ashok Leyland, Axis Bank, HDFC Life and Titan, small and medium-sized companies such as Havmor, Qube Cinema and Narayana Nethralaya, well-known start ups like BankBazaar, HirePro, M2P and Yubi, among others.
AWS also helps several Indian companies build digital solutions locally that scale globally through the AWS Partner Network (APN), where Indian partners can leverage programs, expertise, and resources to build, market, and sell customer offerings .
The APN in India includes organizations such as Minfy Technologies, Rapyder Cloud Solutions and Redington, according to AWS.
(This story has not been edited by DailyExpertNews staff and is auto-generated from a syndicated feed.)