Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over the next few years, the information technology ministry said on Monday.
India has been stepping up its efforts to pilot local cloud data storage. According to a report by International Data Corporation, the country’s cloud services market – estimated at $8.3 billion in 2023 – is expected to grow to $24.2 billion by 2028.
“Along with the investment, there will be significant growth in employment,” Minister of Electronics and Information Technology Ashwini Vaishnaw said, adding that the investments will roll out by 2029-2030.
Amazon will deploy its own graphics processing units, latest technologies and cloud management services in India, Vaishnaw said.
The e-commerce giant runs two data centers in the Indian subcontinent – one in Mumbai, launched in 2016, and another in Hyderabad, which started in 2022.
Last year, Amazon said it would invest an additional $2 billion in Asia’s third-largest economy to ramp up e-commerce business.
Separately, India’s remarkable strides in technology and telecommunications sectors are propelling into a new era of digital leadership and economic prosperity, said Minister for Communications and Development in North-East Region, Jyotiraditya M. Scindia, on Monday.
Speaking at Mobile World Congress (MWC) Barcelona, the minister said that the 9th edition of the India Mobile Congress (IMC) will take place in New Delhi from October 8 to 11, 2025.
“Under the visionary guidance of our Hon’ble Prime Minister Narendra Modi, we are witnessing a fundamental transformation that is empowering citizens and fostering innovation,” Scindia noted.
Organised by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), IMC 2025 promises to be a major event for industry leaders, policymakers, and technology enthusiasts.
It will provide a space to explore the future of connectivity, sustainability, and digital innovation, while addressing key challenges and opportunities in the fast-evolving global digital landscape.
Agencies
United Arab Emirates Dirham Exchange Rate
