Amazon to Invest ₹3.14 Lakh Crore in India by 2030: Focus on AI, 14 Million Small Businesses to Benefit; 1 Million Jobs to be Created
Following Microsoft, Amazon has also announced a major investment in India. Amazon has announced that it will invest over $35 billion (₹3.14 lakh crore) in India by 2030. This investment will focus on AI-driven digitization, export growth, and job creation.
This announcement was made at Amazon’s annual SMBhav summit, where the company outlined its plan to provide AI tools to small businesses and MSMEs. Since 2013, Amazon has invested a total of $40 billion (₹3.59 lakh crore) in India, which includes employee salaries and infrastructure.
Amazon to Focus on Three Sectors : Amazon’s new investment is divided into three main sectors. First, accelerating digital transformation with AI. Second, promoting exports to enable Made-in-India products to reach the global market. Third, boosting the economy through job creation.
Earlier this month, Amazon announced an investment of $12.7 billion (₹1.14 lakh crore), which was focused on AI and AWS (Amazon Web Services). This includes the expansion of data centers in Telangana and Maharashtra. Overall, this investment by 2030 will be used in logistics, storage, and supporting small businesses.
According to a report by Key-Stone Strategy, Amazon has so far digitized more than 12 million small businesses and enabled $20 billion (₹1.79 lakh crore) in e-commerce exports.
Emphasis on AI, Benefiting Millions : Amazon considers AI a game-changer for India. The company plans to extend the benefits of AI to 14 million small businesses and hundreds of millions of shoppers. This includes LLM (Large Language Model) training and infrastructure support. Additionally, 4 million (40 lakh) government school students will receive AI education and career exploration opportunities.
This move aligns with India’s national priorities, which emphasize digital innovation. Amazon says that AI will enable small businesses to improve their sales, customer service, and inventory management.
New Initiative to Boost Exports : At the SMBhav summit, Amazon announced a partnership with the Apparel Export Promotion Council of India. This partnership is part of an initiative to promote exports, connecting digital entrepreneurs with manufacturers to facilitate global selling.
This will involve on-ground onboarding in more than 10 manufacturing clusters, including Tirupur, Kanpur, and Surat. This partnership is manufacturing-focused and will help small businesses with exports. Amazon’s announcement follows Microsoft’s $17.5 billion (₹1.57 lakh crore) AI-cloud investment, highlighting the ongoing competition among tech giants.
Creating 1 Million Jobs by 2030 : Amit Agarwal, Senior Vice President of Emerging Markets at Amazon, said at the summit, “We have been a part of India’s digital transformation for the past 15 years. Amazon’s growth here aligns with the vision of a self-reliant and developed India.”
He further added, “We have invested at scale in physical and digital infrastructure, creating millions of jobs and taking Made-in-India products global. Going forward, we will democratize AI for millions of Indians, create 1 million (10 lakh) jobs, and enable e-commerce exports worth $80 billion (₹7.18 lakh crore) by 2030.”
