Amazon to Invest Over $35 Billion in India by 2030

Amazon announced on Wednesday a plan to invest more than $35 billion in India by 2030, aiming to expand its artificial intelligence operations, boost exports and create one million new jobs in the country.

The commitment, revealed at the sixth Amazon Smbhav Summit in New Delhi, builds on the company's existing footprint in Asia's third-largest economy. Since entering the Indian market in 2010, Amazon has invested approximately $40 billion, including a $26 billion pledge in 2023. The new funds will target AI-driven digitization, logistics enhancements and support for small businesses, aligning with India's national priorities for economic growth and digital infrastructure. Company officials described the strategy as a way to deepen involvement in the world's most populous nation, where a rapidly expanding internet user base has fueled ecommerce growth.

Under the plan, Amazon intends to increase cumulative exports for Indian sellers from $20 billion over the past decade to $80 billion by 2030. This expansion will involve strengthening fulfillment centers, transport networks and data centers, alongside AI tools to improve operational efficiency and customer experiences. For...