Amazon Web Services (AWS), the cloud division of e-commerce giant Amazon, has announced its plan to invest Rs 1,05,600 crore ($12.7 billion) in cloud infrastructure in India by 2030. This significant investment aims to meet the growing demand for cloud services in the country and is projected to contribute Rs 1,94,700 crore ($23.3 billion) to India’s GDP by 2030.
Expansion of Data Centre Infrastructure and Job Creation
AWS’s investment will focus on expanding its data centre infrastructure in India. This expansion is expected to generate an average of 1,31,700 full-time equivalent jobs annually in Indian businesses, providing a significant boost to employment opportunities. The company has already been operating two data centre regions in India and plans to further strengthen its presence in the country.
Support for Prime Minister Modi’s Digital India Vision
The investment aligns with Prime Minister Narendra Modi’s Digital India vision, which has been instrumental in driving the growth of cloud and data centres in India. Rajeev Chandrashekhar, the Minister of State for Electronics and Information Technology, welcomed AWS’s investment and highlighted that the Ministry of Electronics and Information Technology (MeitY) is actively working on a Cloud and Data Center Policy to foster innovation, sustainability, and growth in India’s cloud industry.
Previous Investments and Commitment to Renewable Energy
Between 2016 and 2022, AWS had already invested more than Rs 30,900 crore ($3.7 billion) in the AWS Asia Pacific (Mumbai) Region, contributing over Rs 38,200 crore ($4.6 billion) to India’s GDP during that period and supporting approximately 39,500 jobs annually. This new investment of $12.7 billion brings the total commitment to $16.4 billion by 2030.
AWS has also shown its commitment to renewable energy by investing in six utility-scale renewable energy projects. The company aims to achieve 100% renewable energy usage globally by 2025. In India, this investment is expected to have far-reaching positive effects and contribute to the country’s goal of becoming a prominent global digital powerhouse.
Implications for India’s Cloud Industry
The massive investment by AWS indicates the confidence it has in India’s potential as a market for cloud services. The expansion of cloud infrastructure and the creation of job opportunities will not only boost the economy but also promote innovation and technological advancements in various sectors. With its focus on renewable energy and sustainability, AWS aims to contribute to India’s transformation into a leading player in the global digital landscape.
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