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Universal Times Magazine > Blog > Other Business News > Amazon’s cloud unit to invest $12.7 billion in India by 2030, reports say
Other Business News

Amazon’s cloud unit to invest $12.7 billion in India by 2030, reports say

Gaurav Verma
Last updated: 2023/05/18 at 9:15 AM
Gaurav Verma
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Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on Thursday it plans to invest $12.7 billion in India by 2030 to build its cloud infrastructure, Reuters reported. 

AWS already has data centres in Mumbai and Hyderabad regions, the company said, adding, it has already invested $3.7 billion in India between 2016 and 2022. 

The fresh outlay will include spending in construction, server computers and telecommunications infrastructure, it said. 

To fuel its web services business, Amazon said it has trained more than 4 million people in India with cloud skills since 2017 and invested in six utility-scale renewable energy projects, AWS said. 

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Gaurav Verma May 18, 2023 May 18, 2023
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