Amazon Web Services (AWS) has announced plans to invest US$8.3 billion in cloud infrastructure in the AWS Asia-Pacific (Mumbai) region in Maharashtra to increase cloud computing capacity in India. This investment is part of AWS’s larger planned investment of US$12.7 billion for India by 2030, which was announced in May 2023. “AWS is announcing its $8.3 billion investment in cloud infrastructure in the AWS Asia-Pacific (Mumbai) region in Maharashtra to further expand cloud computing capacity in India,” Amazon’s cloud computing unit said in a press release. Plan announced.
GDP will benefit
It is estimated that this investment will contribute US $ 15.3 billion to India’s gross domestic product (GDP). The local data center supply chain will create more than 81,300 full-time jobs annually by 2030. The Government of Maharashtra and AWS exchanged a Memorandum of Understanding at the World Economic Forum in Davos to formalize the investment plan. “As we move towards our vision of becoming the global capital for data centres,” Maharashtra Chief Minister Devendra Fadnavis said. This collaboration will not only strengthen the technology infrastructure of our state but will also generate new opportunities for innovation, economic growth and job creation. We are committed to fostering a data center friendly environment. “Such transformational investments will help drive Maharashtra’s digital future.”
Have invested before also
AWS has invested more than US$3.7 billion in cloud infrastructure in Maharashtra between 2016 and 2019. “At AWS, we see tremendous potential for India’s digital economy to thrive in the years to come with growing demand for cloud and AI,” said David Zapolsky, senior vice president, global public policy at Amazon. That’s why we plan to invest US$8.3 billion in cloud infrastructure in Maharashtra by 2030.”
(Language)
Latest Business News