Business

Amazon’s AWS Announces Its Plans to Invest $12 bn into India’s cloud Infra

Amazon Web Services (AWS), a division of Amazon, announced its intention on May 18 to contribute $12.7 billion (more than Rs 1 lakh crore) to India’s cloud infrastructure by 2030.  With this commitment, AWS intends to meet the growing customer demand for cloud services in the country.

According to a statement from Amazon Web Services (AWS), Amazon’s cloud computing division, the planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year.

The Indian data centre supply chain includes jobs in construction, facility maintenance, engineering, telecommunications, and other fields. By 2030, AWS’s long-term investment in the nation will amount to Rs 1,36,500 crore (USD 16.4 billion). By 2030, AWS will have invested a total of Rs 1,36,500 crore (USD 16.4 billion) in India, following its investment of Rs 30,900 crore (USD 3.7 billion) between 2016 and 2022.

The statement mentioned that according to estimates, this investment will increase India’s total gross domestic product by Rs 1,94,700 crore (USD 23.3 billion) by 2030. The local economy is impacted by AWS’s investment in India in areas like workforce development, training and skilling opportunities, community engagement, and sustainability initiatives, according to AWS.

The AWS Asia Pacific (Mumbai) Region, launched in 2016, and the AWS Asia Pacific (Hyderabad) Region, launched in November 2022, are the company’s two data centre infrastructure regions in India. The company noticed that hundreds of thousands of its customers in India use AWS to run their workloads in order to reduce costs, speed up innovation, and shorten time to market.

This includes governmental organisations like the Ministry of Electronics and Information Technology, public healthcare facilities like the Aarogyasri Health Care Trust, big Indian corporations like Ashok Leyland, Axis Bank, HDFC Life, and Titan, small and medium-sized companies like Havmor, Qube Cinema, and Narayana Nethralaya, as well as well-known start-ups like BankBazaar, HirePro, M2P, and Yubi.

Through the AWS Partner Network (APN), where Indian partners can use programmes, expertise, and resources to build, market, and sell customer offerings, AWS also assists a number of Indian businesses in developing locally scalable digital solutions that can be scaled globally.

 

Malika Sahni

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