Amazon to invest ₹3.14 lakh crore in India, targets USD 80 billion exports

    Amazon unveils a USD 35 billion India plan with a push for AI digitisation, export growth, and nationwide manufacturing support under its Accelerate Exports program

    Amazon’s Biggest Bet Yet: AI, Exports & Jobs for India
    Amazon’s Biggest Bet Yet: AI, Exports & Jobs for India

    Amazon targets USD 80 billion exports from India by 2030

    Amazon on Wednesday announced plans to invest USD 35 billion (over ₹3.14 lakh crore) in India by 2030, marking one of the largest commitments by a global technology company to the country. The investment will span Amazon’s core businesses, with a strong focus on AI-led digitisation, boosting exports, and large-scale job creation, the company said at the Amazon Smbhav Summit.

    Amit Agarwal, Senior Vice President for Emerging Markets, revealed that Amazon aims to quadruple India’s export contribution through its platform—from USD 20 billion currently facilitated to USD 80 billion by 2030. The company also plans to create one million additional direct, indirect, induced, and seasonal jobs in the next six years.

    “Amazon has invested USD 40 billion in India since 2010. Now we will invest another USD 35 billion by 2030 across all our businesses,” Agarwal said. According to a Keystone report based on public data, Amazon is the largest foreign investor in India.

    The fresh commitment surpasses the announced India investment plans of other global tech majors—double Microsoft’s USD 17.5 billion and more than twice Google’s USD 15 billion target for 2030.

    In 2023, Amazon pledged USD 12.7 billion towards cloud and AI infrastructure in Telangana and Maharashtra, adding to the USD 3.7 billion invested in its India cloud business between 2016 and 2022.

    Agarwal said Amazon’s investments have helped build both physical and digital infrastructure, including fulfilment centres, logistics networks, data centres, digital payments systems, and technology development hubs.

    According to the Keystone report, Amazon has digitised over 12 million small businesses, enabled USD 20 billion in e-commerce exports, and supported nearly 2.8 million jobs across India in 2024.

    To accelerate export-led growth, Amazon launched “Accelerate Exports,” a manufacturing-focused initiative connecting digital entrepreneurs with verified manufacturers and helping Indian producers become global sellers. The company will conduct onboarding drives across more than 10 major manufacturing hubs, including Tirupur, Kanpur, and Surat.

    At the Smbhav Summit, Amazon also announced a partnership with the Apparel Export Promotion Council (AEPC) to scale the initiative nationwide.

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