Amazon Web Services (AWS), Amazon’s cloud computing arm, plans to invest about $ 8.2 billion in Maharashtra in the coming years, Electronics and Information Technology (Meity) announced on Monday. IT Minister Ashwini Vaishnav said that cloud investment will create adequate employment opportunities. The IT minister said, “With investment, there will be significant increase in employment.” He also revealed that investment rollouts are expected between 2029 and 2030. Vaishnav also revealed that AWS will launch its own graphics processing units (GPU) and cloud management services in the region, according to A. Roots Report.

Amazon currently operates two data centers in India – one in Mumbai, which was launched in 2016, and the other in Hyderabad, which began operating in 2022.

AWS investment is part of India’s efforts to promote more local cloud storage. The expansion efforts are recently in line with a report by the IDC, which was predicted that India’s cloud storage, which was priced at $ 8.3 billion in 2023, is estimated to extend to $ 24.2 billion by 2028.

Last year, Amazon promised to invest an additional $ 2 billion in India to strengthen its e-commerce business. At his annual SMBAV event in December 2024, Amazon India Country Manager Sameer Kumar announced that in four years, Amazon “will be able to digitize 10 million small businesses”, and “more than 12 million small businesses able to be part of the digital economy”. Kumar says that Amazon has enabled about $ 13 billion in cumulative exports and has created about 1.4 million direct and indirect jobs in India.

Amazon has also committed that it will enable more than $ 80 billion in cumulative e-commerce exports from India by 2030. For perspective, it is four times more than Amazon’s pledge to enable $ 20 billion in e-commerce exports by 2025.

Recently, more and more AI and cloud companies have been expanding their investment in India. Earlier this year, Microsoft President and CEO Satya Nadella announced an investment of $ 3 billion in India in the next two years to strengthen India’s AI and Cloud Infrastructure and Skilling initiative. Nadella had said that an investment of $ 3 billion would include new data centers to expand the AI ​​capabilities of Microsoft. Additionally, the company said that as part of its Advanta (i) GE India program, it aims to train 10 million Indians in AI skills by 2030.