Amazon Plans $35 Bln Investment In India By 2030 To Boost AI Innovation

Core Insights - Amazon.com Inc. plans to invest over $35 billion in India by 2030, focusing on AI innovation and job creation, aiming to create more than 1 million jobs [1][4] - The company has already invested $40 billion in India, emphasizing expansion in AI-driven digitization, export growth, and job creation [1][3] Investment and Economic Impact - The new investment is expected to boost cumulative exports to $80 billion and provide AI benefits to 15 million small businesses [3][6] - Amazon's previous investments have digitized 12 million small businesses and enabled $20 billion in exports, supporting approximately 2.8 million jobs in India [7] Job Creation and Infrastructure Development - By 2030, Amazon aims to support a total of 3.8 million jobs through its business expansion and fulfillment network [4][8] - The company has focused on building both physical and digital infrastructure, including fulfillment centers and data centers, to enhance its operational capabilities in India [7][8] AI Initiatives and Educational Programs - Amazon's AI initiatives are set to benefit 15 million small businesses and include an AI literacy program for 4 million government school students by 2030 [6] - The investment aligns with the Indian government's vision of "AI for All," aiming to democratize access to AI technologies [6][8]