Amazon to invest additional $35B in India by 2030, taking total planned spending to $75B

Core Insights - Amazon plans to invest an additional $35 billion in India by 2030, raising its total commitment to approximately $75 billion to expand its retail and cloud operations in the country [1][3] Investment and Economic Impact - The new investment will focus on digitizing small businesses and enhancing logistics and operations in India, aiming to provide AI access to up to 15 million small businesses and create 1 million jobs by 2030 [2] - To date, Amazon has invested nearly $40 billion in India, with a commitment of $15 billion by 2030, of which $12.7 billion is allocated for its cloud business through Amazon Web Services [3] Competitive Landscape - India is a significant market for major tech companies due to its large population, with over a billion internet users and hundreds of millions of smartphone users [4] - Amazon faces competition from Walmart-backed Flipkart, Meesho, and quick-commerce firms like Swiggy's Instamart, Zomato's Blinkit, and Zepto, which are rapidly expanding in the urban consumer market [5] Strategic Importance - Amazon views India as one of its largest long-term opportunities, indicating a strong commitment to the region's growth potential [8]