Amazon Joins Microsoft in Big Tech’s Multibillion Dollar India Race
The company plans to quadruple exports to $80 billion and create 1 million jobs by 2030, as it deepens bets on AI, cloud and quick commerce.
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Amazon on Wednesday, 10 December, announced it will invest more than $35 billion in India by 2030, spanning its retail, cloud, logistics and AI businesses, in a move the company said will deepen its long‑term engagement with the country’s digital economy.
The commitment builds on almost $40 billion Amazon has already invested in India since 2010, the company said in a statement released at its sixth annual Amazon Smbhav Summit in New Delhi.
“We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat,” said Amit Agarwal, Senior Vice‑President, Emerging Markets, Amazon.
The fresh funds will target three strategic pillars: AI-driven digitization, export growth and job creation.
Amazon aims to create 1 million additional jobs by 2030, direct, indirect, induced and seasonal, while expanding export activity through its platforms, according to the release
Amazon said past investments have helped digitize over 12 million small businesses, enabled around $20 billion in cumulative e‑commerce exports and supported roughly 2.8 million jobs in 2024.
The company said the new injection of funds “will democratize access to AI for millions of Indians,” benefiting small businesses, sellers, consumers and students through AI‑powered tools and infrastructure.
Amazon’s announcement comes as Big Tech’s investment in India surges. A day earlier, on Tuesday, Microsoft Corp. pledged $17.5 billion to expand cloud and AI infrastructure in India over four years, its largest‑ever commitment in Asia.
With both companies ramping up spending, India is rapidly emerging as a strategic battleground for AI, cloud, logistics and e‑commerce infrastructure, highlighting how global firms are repositioning around regulatory pressures, local demand and long‑term growth potential.
