Amazon India has announced its plan to invest $35 billion (Rs. 3.14 lakh Crore approx.) across all its businesses through 2030. The announcement was made yesterday at the Amazon Smbhav Summit, the company’s annual flagship event in India dedicated to celebrating and empowering Small and Medium Businesses (SMBs), entrepreneurs, and innovators.
With this investment, Amazon plans to accelerate digital transformation, strengthen infrastructure, and support innovation across the country. So far, the company has invested around $40 billion (Rs. 3.60 lakh crore approx.)—including compensation to employees and the development of infrastructure in India—according to a report by Keystone Strategy.
Moving forward, the investments will align with India’s current priorities, including expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth, and creating job opportunities.
Through this initiative, Amazon expects to create 3.8 million direct, indirect, induced, and seasonal jobs across its businesses and achieve $80 billion in cumulative e-commerce exports from India by 2030, quadrupling the current $20 billion milestone.
Amazon’s AI commitment for India
In line with the Indian government’s vision of “AI for All.” By 2030, Amazon plans to:
- Bring the benefits of AI to 15 million small businesses, with sellers on Amazon.in already using AI-powered tools like Seller Assistant, Next Gen Selling, and others.
- Enhance shopping experiences of shoppers through innovations like Lens AI for visual discovery, conversational shopping with Rufus, and multilingual experiences that overcome literacy barriers.
- Empower 4 million government school students with AI education and career exploration opportunities through an AI curriculum, technology career tours, hands-on AI sandbox experiences, and teacher training programs.
Commenting on the announcement, Amit Agarwal, Senior VP Emerging Markets, Amazon, said,
We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat. We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global.