+
 Amazon Web Services to invest $12.7 billion in India by 2030
ECONOMY & POLICY

Amazon Web Services to invest $12.7 billion in India by 2030

Amazon Web Services (AWS) has announced plans to invest $12.7 billion in India by 2030 to meet growing customer demand for cloud services in the country. This investment is estimated to contribute $23.3 billion to India's total gross domestic product (GDP) by 2030.

The investment will be used to build new data centres in India, which will create an estimated average of 13,170 full-time equivalent (FTE) jobs in Indian businesses each year. These positions will include construction, facility maintenance, engineering, telecommunications, and other jobs.

AWS has already invested $3.7 billion in India between 2016 and 2022, and this new investment will bring its total investment in India to $16.4 billion by 2030.

The investment is welcomed by the Indian government, which is working to develop India into a global digital powerhouse. The government's Digital India vision is driving the expansion of cloud and data centres in India.

AWS is committed to driving positive social and economic impact in India. In addition to building cloud infrastructure, AWS has trained more than four million people in India with cloud skills since 2017, and invested in six utility-scale renewable energy projects to meet its global 100% renewable energy goal by 2025.

The investment is expected to have a significant impact on the Indian economy, creating jobs, stimulating innovation, and helping India to become a global digital powerhouse.

Also Read
Hyundai & Shell to expand fast charging network at 36 dealerships
Tenders invited for Rs 56.88 bn airport corridor by Hyderabad Metro

Amazon Web Services (AWS) has announced plans to invest $12.7 billion in India by 2030 to meet growing customer demand for cloud services in the country. This investment is estimated to contribute $23.3 billion to India's total gross domestic product (GDP) by 2030. The investment will be used to build new data centres in India, which will create an estimated average of 13,170 full-time equivalent (FTE) jobs in Indian businesses each year. These positions will include construction, facility maintenance, engineering, telecommunications, and other jobs. AWS has already invested $3.7 billion in India between 2016 and 2022, and this new investment will bring its total investment in India to $16.4 billion by 2030. The investment is welcomed by the Indian government, which is working to develop India into a global digital powerhouse. The government's Digital India vision is driving the expansion of cloud and data centres in India. AWS is committed to driving positive social and economic impact in India. In addition to building cloud infrastructure, AWS has trained more than four million people in India with cloud skills since 2017, and invested in six utility-scale renewable energy projects to meet its global 100% renewable energy goal by 2025. The investment is expected to have a significant impact on the Indian economy, creating jobs, stimulating innovation, and helping India to become a global digital powerhouse. Also Read Hyundai & Shell to expand fast charging network at 36 dealerships Tenders invited for Rs 56.88 bn airport corridor by Hyderabad Metro

Next Story
Infrastructure Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?