NEW DELHI: In a landmark announcement that underscores India’s rapidly accelerating digital economy, American e-commerce and technology giant Amazon on Wednesday unveiled plans to invest $35 billion (over ₹3.1 lakh crore) in the country by 2030. This will be India’s single largest foreign investment commitment, adding to the more than $40 billion the company has already infused since 2010.

The announcement came at Amazon’s annual ‘Smbhav’ summit in the national capital, just a day after Microsoft revealed a massive $17.5 billion investment plan for India — signalling strong confidence from global tech leaders in the country’s economic trajectory.

Amazon lays out massive multi-year India expansion plan

During the summit, Amazon said the upcoming funds will be channelled into expanding its India operations and strengthening three strategic pillars: AI-driven digitisation, export acceleration and job creation.

Amit Agarwal, Amazon’s senior vice-president for emerging markets, said, “We are humbled to have been a part of India’s digital transformation journey over the past 15 years. We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global.”

With this new commitment, Amazon aims to support 3.8 million jobs in the next five years — up from the current 2.8 million. These will come from sectors such as logistics, retail, cloud computing, supply chain, and digital services.

Focus on increasing India’s exports to $80 billion

A major component of Amazon’s strategy is boosting exports of Indian-made products.
The company announced that Amazon-enabled exports have already crossed $20 billion as its Global Selling programme completes 10 years.

Now, Amazon has set an ambitious target to enable $80 billion in cumulative e-commerce exports by 2030.

To drive this push, the company launched ‘Accelerate Exports’, a manufacturing-focused initiative designed to connect digital entrepreneurs with dependable manufacturers, while also helping manufacturers themselves become successful global sellers.

AI to power small businesses and consumers

Amazon emphasised that a significant share of the investment will go into expanding India’s AI capabilities. This aligns with the government’s ‘AI for All’ vision.

The company plans to deliver AI benefits to 1.5 crore small businesses across the country by 2030. Many sellers on Amazon.in are already using AI-driven tools such as:

  • Seller Assistant
  • Next-Gen Selling tools
  • Automated cataloguing and pricing features

The expansion will also include AI education programmes for students, entrepreneurs and consumers, aimed at building a future-ready digital workforce.

Investment aligned with India’s digital priorities

Amazon noted that the $35 billion investment would support India’s broader economic and technological goals. The funds will be used to:

  • Develop and expand logistics and data infrastructure
  • Strengthen cloud and AI capabilities
  • Create jobs across multiple verticals
  • Empower small and medium businesses
  • Drive innovation in digital commerce

The announcement marks a major milestone in India’s journey towards becoming a global digital manufacturing and services hub. With two of the world’s largest technology companies — Amazon and Microsoft — unveiling enormous investment plans within 48 hours, India’s appeal as a fast-growing tech-powered market continues to rise.