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Amazon, the tech giant, has announced its decision to invest $12.7 billion (Rs 1,05,600 crore) in Indian cloud infrastructure by 2030. This move comes in light of the growing value of the Indian market and the increasing number of businesses operating within the country.
Amazon has invested millions in India’s cloud Infrastructure since 2016. Serving many clients in the nation with HDFC, PhysicWallah, and NitiAaayog as the top names, India has significantly grown into a valuable market for Amazon.
Also, Read Yet another hit for Amazon employees in India
Lately, India has helped many tech giants i.e. Google and Microsoft to establish a good market within its territories. Where Google operates in two cloud regions, Microsoft operates in three of them. India holds strategic importance to many global business leaders.
Puneet Chandok, the president of commercial businesses at AWS India and South Asia told a source that, apart from helping digitalize some local businesses. AWS has helped many Indians gain cloud skills since 2017. The cloud storage platform is crucial to the nation's economy and social structure.
The planned investment is thought to have a rippling effect supporting both the Nation and AWS to achieve goals of digital transformations.
The past few months proved to have made India a powerhouse for several leading entities like Google, Walmart and now Amazon who have realized the potential of the country to grow more in the coming years.
AWS provides more than 200 services across the globe, be it storage or AI (Artificial Intelligence). Before the Indian Continent, it unveiled its plans to invest $6 billion in Malaysia by 2037.
- Kratika Agarwal
Also Read, Tech Giant in India
