Amazon adds new funding, lifting India AI and cloud investment to $48 billion
Amazon adds new funding, lifting India AI and cloud investment to $48 billion
https://www.cnbc.com/2026/06/25/amazon-investment-billion-ai-india.html
Publish Date: 2026-06-25 05:19:00
Source Domain: www.cnbc.com
- Additional Investment: Amazon plans to invest an additional $13 billion in AI and cloud infrastructure in India by 2030, increasing its total investment in the country to $48 billion.
- Expansion of AWS Facilities: The new funds will mainly be used to expand Amazon Web Services (AWS) data center capacity in Mumbai and Hyderabad.
- Commitment to India’s Growth: CEO Andy Jassy emphasized Amazon’s commitment to supporting India through democratization of AI, digitization of small businesses, job creation, and boosting exports.
- Meeting with Indian Prime Minister: Jassy met with Indian Prime Minister Narendra Modi and stressed the significant role of India for Amazon’s various business operations encompassing e-commerce, AI, cloud, and entertainment.
- Broader Investment Projection: Amazon’s total investment in India is expected to reach $88 billion by 2030, reflecting a long-term commitment to the country.
- Support for Local Businesses and Government: Through its data centers, Amazon aims to offer Indian startups, enterprises, and governmental bodies AI and cloud technologies.
- Growing Data Center Sector: India’s data center industry is rapidly expanding, with a significant increase in capacity and attractive long-term tax breaks offered by the Indian government to attract global hyperscalers.
- Global Tech Investment in India: Other major tech companies such as Microsoft and Google are also committing significant investments to establish data centers and AI hubs in India.
