Amazon Web Services to invest ₹1,05,600 cr in cloud infrastructure in India

Updated : May 18, 2023 17:11
|
PTI

Amazon Web Services on Thursday announced plans to invest ₹1,05,600 cr in cloud infrastructure in India by 2030 as it looks to meet growing customer demand for cloud services in the country.

The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year, Amazon Web Services (AWS), Amazon's cloud computing unit said in a statement.

These positions, including construction, facility maintenance, engineering, telecommunications and other jobs, are part of the data centre supply chain in India.

AWS said it plans to invest ₹1,05,600 crore in cloud infrastructure in India and added its long-term commitment in the country will reach ₹1,36,500 crore by 2030.

This follows AWS' investment of ₹30,900 crore between 2016 and 2022 which will bring its total investment in India to ₹1,36,500 crore by 2030.

"This investment is estimated to contribute ₹1,94,700 crore to India's total gross domestic product by 2030," the statement said.

AWS added that its investment in India has a ripple effect on the local economy in areas such as workforce development, training and skilling opportunities, community engagement and sustainability initiatives.

Amazon

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