Amazon Web Services (AWS) on Thursday said it plans to invest $8.3 billion into cloud infrastructure in the AWS Asia-Pacific (Mumbai) Region in Maharashtra, to further expand cloud computing capacity in India.
This investment is estimated to contribute $15.3 billion to India’s gross domestic product (GDP) and support more than 81,300 full-time jobs annually in the local data centre supply chain by 2030, the company said in a statement.
The $8.3 billion investment is part of AWS’s previously announced $12.7 billion investment in cloud infrastructure in India by 2030 to meet growing customer demand for cloud services across the country.
The Maharashtra government and AWS signed memorandum of understanding (MoU) at the World Economic Forum in Davos on Wednesday to formalise the investment plan.
“I am pleased to announce the signing of a landmark MoU with Amazon Web Services (AWS), one of the foremost hyperscalers in the world. AWS’s decision to set up its operations in the Mumbai Metropolitan Region is a pivotal moment for Maharashtra,” chief minister, Devendra Fadnavis said.
“At AWS, we see tremendous potential for India’s digital economy to thrive for years to come with the growing demand for cloud and artificial intelligence. This is why we plan to invest $8.3 billion into cloud infrastructure in Maharashtra by 2030,” David Zapolsky, senior vice president of global public policy and general counsel at Amazon, said.
AWS has already invested more than $3.7 billion in its cloud infrastructure in Maharashtra between 2016 and 2022.
It has steadily expanded its presence in India over the years. The company launched its first cloud infrastructure region in the country – the AWS Asia-Pacific (Mumbai) Region – in 2016. AWS introduced its second cloud infrastructure region in India – the AWS Asia-Pacific (Hyderabad) Region – in 2022. The company said that these two AWS Regions are designed to provide customers in India and around the world with multiple options to run workloads with greater resilience and availability, alongside low latency. “Both AWS Regions enable customers to securely store their data within India,” the company said.
In a related statement, Fadnavis said that the state government has signed 61 MoUs at the WEF entailing investment of Rs 15.70 lakh crore and having the potential to provide 16 lakh jobs in the state.
