In May 2023, Amazon announced plans to invest USD 12.7 billion in India by 2030 into its local cloud and AI infrastructure across Telangana and Maharashtra

xNew Delhi: E-commerce giant Amazon plans to make a mega-investment of USD 35 billion, over Rs 3.14 lakh crore, in India by 2030 across its businesses with a focus on AI-driven digitization, export growth and job creation, a senior company official said on Wednesday. Making the announcement during the Amazon Smbhav Summit, Senior VP Emerging Markets, Amit Agarwal, said the company has set a target to quadruple exports from India to USD 80 billion from about USD 20 billion it has facilitated as of now and create an additional one million direct, indirect, induced and seasonal jobs by 2030. "Amazon to date has invested USD 40 billion i

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