Saturday, July 13, 2024
HomeNewsAWS to invest $12.7B in India's cloud infrastructure

AWS to invest $12.7B in India’s cloud infrastructure

Amazon Web Services (AWS) announced that it plans to invest INR 1,05,600 crores (US $12.7 billion) into cloud infrastructure in India by 2030 to meet the growing customer demand for cloud services in India. By 2030, this investment is estimated to increase India’s total gross domestic product (GDP) by INR 1,94,700 crores (US $23.3 billion).

“PM Narendra Modi ji’s Digital India vision is driving expansion of cloud & data centers in India,” said Rajeev Chandrashekhar, minister of state for electronics and information technology, skill development, and entrepreneurship in India.  

He adds, “India Cloud and the underlying data center infrastructure are important elements of India’s digital infrastructure and ecosystem. I welcome the Amazon Web Services (AWS) investment of $12.7 billion to expand their data centers in India. It will certainly catalyze India’s digital economy. MeitY is also working on a Cloud & Data Center Policy to catalyze innovation, sustainability, and growth of India Cloud.

This planned investment in India’s data center infrastructure will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs per year. This employment, as well as those in engineering, telecommunications, construction, and facility maintenance, are part of India’s data centre supply chain.

“Since 2016, AWS has invested billions of dollars into cloud infrastructure in India to support the tremendous growth we have witnessed in the use of cloud for digital transformation,” said Puneet Chandok, president of commercial business, AWS India and South Asia (Amazon Web Services India Pvt. Ltd.).

“AWS is committed to driving positive social and economic impact in India. In addition to building cloud infrastructure and helping local customers and partners digitally transform, we have trained more than four million people in India with cloud skills since 2017, and invested in six utility-scale renewable energy projects to meet our global 100% renewable energy goal by 2025. Our planned investment of INR 1,05,600 crores (US $12.7 billion) by 2030 will help create more beneficial ripple effects, supporting India on its path to becoming a global digital powerhouse,” he added.

This comes after AWS’s investment of INR 30,900 crores (US $3.7 billion) between 2016 and 2022, increasing AWS’s total investment in India to INR 1,36,500 crores (US $16.4 billion) by 2030.

AWS has two data center infrastructure regions in India – the AWS Asia Pacific (Mumbai) Region, launched in 2016, and the AWS Asia Pacific (Hyderabad) Region, launched in November 2022[1]. The two AWS Regions give Indian customers various options for running workloads with even higher resilience and availability, storing data securely in India, and providing low-latency service to end users. 

In the AWS Asia Pacific (Mumbai) Region, AWS has invested more than INR 30,900 crores (US $3.7 billion) between 2016 and 2022. This comprises both capital and operating costs associated with constructing, maintaining, and operating the data centres in that Region. AWS estimates that its overall contribution to the GDP of India between 2016 and 2022 was more than INR 38,200 crores (US $4.6 billion), and the investment supported approximately 39,500 FTE jobs annually in Indian businesses.

Subscribe To Newsletter

ICYMI

BRL Editor
BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.