Amazon on Tuesday announced that it will invest USD 35 billion in India by 2030, significantly scaling up its commitment across quick commerce, cloud computing, artificial intelligence and logistics as the US tech major deepens its presence in one of its fastest-growing global markets.

The announcement comes just a day after Microsoft pledged USD 17.5 billion for India’s AI, cloud and data centre expansion by 2030, and follows Google’s recent USD 15 billion commitment to build AI data centres in the country.

Amazon said its fresh investment pipeline will help create an additional one million jobs across direct, indirect, induced and seasonal roles by the end of the decade. The expansion, it added, will strengthen India’s digital ecosystem, support logistics and small business growth, and “democratize access to AI for millions of Indians.”

“We're excited to continue being a catalyst for India's growth, as we democratize access to AI for millions of Indians,” said Amit Agarwal, Amazon’s head of emerging markets.

Largest foreign investor in India

Speaking at the Amazon Smbhav Summit, Agarwal said the company has already invested USD 40 billion in India since 2010, making it the country’s largest foreign investor according to a Keystone report based on public data.

“Amazon to date has invested USD 40 billion in India since 2010. Now we will invest another USD 35 billion by 2030 across all our businesses in India,” he said.

The company is intensifying its competition with Walmart-owned Flipkart, Reliance’s ecommerce ventures, and ultra-fast delivery players such as Blinkt, Zepto and Swiggy Instamart.

Export boost and AI push

A key priority of the fresh funding will be to expand India’s export footprint. Agarwal said Amazon aims to quadruple exports from India to USD 80 billion by 2030, up from the USD 20 billion it has facilitated so far.

The Keystone study cited by Amazon said the company has already digitised over 12 million small businesses, supported around 2.8 million jobs, and enabled USD 20 billion in cumulative ecommerce exports in 2024.

Amazon’s investments to date include building fulfilment centres, transportation networks, data centres, digital payments systems and technology infrastructure across the country.

Cloud & AI infrastructure expansion

In 2023, the company announced USD 12.7 billion in cloud and AI investments for Telangana and Maharashtra by 2030. Between 2016 and 2022, it had already deployed USD 3.7 billion into its cloud business in India.

New manufacturing export initiative

To further boost exports, Amazon has launched “Accelerate Exports”, a manufacturing-focused initiative that connects Indian manufacturers with global markets and helps digital sellers scale.

As part of the programme, Amazon will host onboarding drives across more than 10 manufacturing hubs, including Tirupur, Kanpur and Surat.

At the Smbhav summit, Amazon also announced a partnership with the Apparel Export Promotion Council of India to expand the initiative nationwide.