City
Epaper

AWS to invest $12.7 bn in building cloud infrastructure in India by 2030

By IANS | Updated: May 18, 2023 10:05 IST

New Delhi, May 18 Amazon Web Services (AWS), the Cloud arm of e-commerce giant Amazon, on Thursday announced ...

Open in App

New Delhi, May 18 Amazon Web Services (AWS), the Cloud arm of e-commerce giant Amazon, on Thursday announced plans to invest Rs 1,05,600 crore ($12.7 billion) into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in the country.

This investment is estimated to contribute Rs 1,94,700 crore ($23.3 billion) to India's total gross domestic product (GDP) by 2030.

The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent jobs in Indian businesses each year, said the company.

"PM Narendra Modi's Digital India vision is driving expansion of cloud & data centres in India," said Rajeev Chandrashekhar, minister of state for electronics and IT.

"I welcome the Amazon Web Services (AWS) investment of $12.7 billion to expand their data centres in India. It will certainly catalyse India's digital economy. MeitY is also working on a Cloud and Data Center Policy to catalyze innovation, sustainability, and growth of India Cloud," the minister added.

AWS has two data center infrastructure regions in India the AWS Asia Pacific (Mumbai) Region, launched in 2016, and the AWS Asia Pacific (Hyderabad) Region, launched in November 2022.

AWS has invested more than Rs 30,900 crore ($3.7 billion) in the AWS Asia Pacific (Mumbai) Region between 2016 and 2022.

The company estimates that its overall contribution to the GDP of India between 2016 and 2022 was more than Rs 38,200 crore ($4.6 billion), and the investment supported approximately 39,500 jobs annually in Indian businesses.

Adam Selipsky, CEO of AWS, said that he is inspired to see how the infrastructure presence since 2016 has driven such tremendous progress.

"Today we're announcing an additional planned investment of $12.7 billion for cloud infrastructure in India. That will bring our total investment to $16.4 billion by 2030 boosting the country's GDP, supporting tens of thousands of jobs, and continuing to help customers innovate," Selipsky tweeted.

Puneet Chandok, president of commercial business, AWS India and South Asia (Amazon Web Services India Pvt Ltd.), said that they have trained more than four million people in India with cloud skills since 2017, and invested in six utility-scale renewable energy projects to meet the global 100 per cent renewable energy goal by 2025.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Amazon Web ServicesRajeev chandrashekharAdam selipskyamazonasiaNikkei Asian ReviewChannel News AsiaNew DelhiAir Asia IndiaAsia IndiaAmazon Prime MusicAsian Development BankSoutheast Asia
Open in App

Related Stories

CricketIND-W vs AUS-W, 3rd ODI: Australia Women Win Toss, Opt to Bat Against India in Series Decider; Check Playing XIs

CricketWhy Is India Women’s Cricket Team Wearing a Pink Jersey in IND-W vs AUS-W 3rd ODI 2025 Match?

CricketIND-W vs AUS-W 3rd ODI LIVE Cricket Streaming: When and Where to Watch India Women vs Australia Women Final Match

EntertainmentAmazon Music India unveils ‘Track by Track’With Karan Aujla’s new album P-POP CULTURE

NationalDelhi: 8 Accused in Vehicle Theft Cases Arrested During Police Patrolling, Stolen Scooters and Bikes Recovered

International Realted Stories

InternationalFrom PoK to Balochistan: Rising uprisings signal collapse of Pakistan army’s grip

InternationalThankful for PM Modi backing Gaza peace plan: Israeli envoy Reuven Azar

InternationalSpaceX targets 11th test flight of Starship for October 13

InternationalUN Chief pledges full support for Bangladesh's democratic transition

InternationalTyphoon Bualoi leaves 19 dead, 88 injured in Vietnam