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AWS to invest $12.7 billion in India

AWS to invest $12.7 billion in India

11 months ago
Anonymous $KxGqLmj_R3

https://techcrunch.com/2023/05/17/aws-to-invest-12-7-billion-in-india/

Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it pushes ahead to scale up its AWS business in the key overseas market at a time when it has cut several other spendings in the region.

The company, which has earlier invested $3.7 billion for AWS infra in India and currently maintains two data center regions in the South Asian market, said its spendings will support 131,700 full-time jobs. The announcement comes as a surprise, with Amazon reinforcing its commitment by doubling down. Just last year, the company had stated its intention to invest $4.4 billion in AWS for the country.