Amazon Web Services (AWS) has announced a massive investment of Rs 1,05,600 crores ($12.7 billion) in cloud infrastructure in India by 2030, catering to the growing demand for cloud services in the country. This investment is expected to contribute Rs 1,94,700 crores ($23.3 billion) to India’s gross domestic product (GDP) by 2030 and create an estimated average of 1,31,700 full-time equivalent (FTE) jobs annually.
With two data centre infrastructure regions already in operation in India, AWS aims to provide Indian customers with resilient and highly available options for running workloads, secure data storage, and low-latency services. The company has already invested more than Rs 30,900 crores ($3.7 billion) between 2016 and 2022, bringing its total investment in India to Rs 1,36,500 crores ($16.4 billion) by 2030. This investment has had a positive ripple effect on the local economy, fostering workforce development, training opportunities, community engagement, and sustainability initiatives.
Rajeev Chandrashekhar, Minister of State for Electronics and Information Technology, Skill Development, and Entrepreneurship in India, acknowledged the impact of AWS’s investment on India’s digital infrastructure and ecosystem, aligning with the government’s Digital India vision. He welcomed AWS’s investment as a catalyst for India’s digital economy and highlighted the Ministry’s efforts to develop a Cloud and Data Center Policy to drive innovation, sustainability, and growth in India’s cloud sector.
Puneet Chandok, President, Commercial Business, AWS India and South Asia, expressed AWS’s commitment to driving positive social and economic impact in India. In addition to building cloud infrastructure, Chandok highlighted AWS’s extensive training initiatives that have already empowered over four million people in India with cloud skills since 2017. AWS’s investment in renewable energy projects and collaboration with non-profits further contribute to their sustainability goals and support local communities.
Navanil Sengupta, Chief Marketing Officer, HDFC Securities, praised AWS’s investment for accelerating digital transformation in the financial services market. He acknowledged the progress made in digital skills, job creation, and digital opportunities for India, expressing HDFC Securities’ continued collaboration with AWS to elevate digital innovation and provide Indian investors with a differentiated approach to investing.
In addition to its infrastructure investment, AWS has prioritised digital skilling initiatives, training millions of individuals through programs like AWS Skill Builder and AWS re/Start. AWS’s commitment to sustainability extends to water replenishment projects, renewable energy investments, and supporting customers in reducing their environmental footprint.