NEW DELHI — Amazon announced on December 10 a massive US$35 billion investment plan in India over the next five years, aiming to expand its footprint in sectors like artificial intelligence (AI), cloud computing, and quick commerce. This marks a substantial increase from its earlier pledge of US$15 billion.
The investment will enhance Amazon’s logistics infrastructure and AI capabilities, with plans to create an additional one million jobs in India. Amazon also aims to quadruple India’s e-commerce exports to US$80 billion by 2030.This surge in spending comes as US tech giants heavily invest in India’s fast-growing digital market amid rising demand for AI services.
Microsoft, for example, announced a US$17.5 billion investment just a day earlier to build AI infrastructure and expand cloud services, aiming to establish the largest cloud presence in India by mid-2026.Despite regulatory challenges and local competition from firms like Walmart-backed Flipkart and on-demand delivery startups such as Blinkit and Zepto, Amazon continues to bet on India’s vast consumer base as a key driver of global digital growth.