Amazon announces US$35 billion investment in India by 2030

Amazon plans to invest more than US$35 billion across all its businesses in India through 2030, focusing on business expansion as well as three strategic pillars: AI-driven digitization, export growth and job creation.

Amazon has announced plans to invest another US$35 billion in the country through 2030. The investment, which builds the previous US$40 billion investment made, will focus on business expansion in the country with Amazon focusing on AI-driven digitalization, export growth and job creation.

Announced in New Delhi during the sixth edition of the Amazon Smbhav Summit, the tech giant has already digitized over 12 million small businesses, enabled US$20 billion in cumulative ecommerce exports and well as supported supported approximately 2.8 million direct, indirect, induced and seasonal jobs across industries in India in 2024. These roles range across technology, operations, logistics, and customer support, with competitive pay, health benefits, and training for employees.

According to Amit Agarwal, Senior VP Emerging Markets, Amazon, the tech giant is humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat.

“We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global,” said Agarwal.

“Looking ahead, we're excited to continue being a catalyst for India’s growth, as we democratize access to AI for millions of Indians and quadruple cumulative ecommerce exports enabled to $80 billion by 2030. In 2030, Amazon businesses will support 3.8 million direct, indirect, induced and seasonal jobs,” added Agarwal.

With the additional $35 billion in planned investment by 2030, Amazon aims to further accelerate digital transformation, strengthen infrastructure, and support innovation across the country. These investments are strategically aligned with India's national priorities and will focus on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth and creating jobs.

Specifically, by 2030, the vendor will support 3.8 million direct, indirect, induced and seasonal jobs. These will stem from Amazon's business expansion as well as its growing fulfillment and delivery network, which simultaneously supports parallel industries including packaging, manufacturing, and transportation services.

An Economic Impact Report by Keystone Strategy revealed Amazon's cumulative investments of nearly US$40 billion, including compensation to employees and the development of infrastructure, have established the vendor as the largest foreign investor in India, the largest enabler of ecommerce exports, and among the top job creators in the country.