New Delhi: Amazon has announced to invest USD 35 billion in India over the next five years which would help support 3.8 million direct, indirect, induced and seasonal jobs. The e-commerce giant will invest a huge amount over the years to expand its businesses from quick commerce to cloud computing and artificial intelligence. The company plans to increase its presence in the world’s fastest-growing economy.

Notably, Amazon’s investment plans were announced after Microsoft assured USD 17.5 billion investment in India by 2030. Earlier, Google had committed USD 15 billion over the next five years to building AI data centres.

AI, Cloud Computing & Logistics in Amazon India’s Future

Amazon said it would pump in money in areas such as artificial intelligence and logistics infrastructure

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