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U.S.-based e-commerce titan Amazon announced Wednesday that it plans to invest over $35 billion across all its business units in India by 2030, focusing on AI-driven digitization, export expansion, and job creation.
The initiative builds on nearly $40 billion already invested in the country since its entry into the Indian market 15 years ago, positioning the U.S.-based company as the largest foreign investor in India by cumulative disclosed figures, according to its statement.
According to an Economic Impact Report by consulting firm Keystone Strategy, Amazon's existing investments in India have helped digitize over 12 million small businesses and supported $20 billion in cumulative e-commerce exports.
With the additional $35 billion, the company now aims to quadruple that figure to $80 billion by 2030.
The company said it has helped support roughly 2.8 million jobs in India as of 2024, spanning direct employment as well as indirect, seasonal, and induced roles. Looking ahead, the company aims to create an additional 1 million jobs by 2030. These will stem from both core business expansion and adjacent sectors like packaging, transportation, and manufacturing, driven in part by Amazon’s growing fulfillment and delivery infrastructure.
As part of its broader strategy, Amazon will also focus on advancing AI adoption across India, including initiatives for students, small businesses, and everyday consumers.
By 2030, Amazon plans to enable 15 million small businesses to use AI tools, enhance digital shopping with innovations like visual search and multilingual interfaces, and support AI education for 4 million public-school students through curricula, workshops, and teacher training aligned with India’s National Education Policy 2020.
Amit Agarwal, Amazon's senior vice president for emerging markets, noted that the company’s growth in India is aligned with the government’s twin policy goals of a self-reliant and developed nation.
Founded in 1994, Amazon is the world’s largest e-commerce platform, serving around 300 million users and generating $638 billion in net sales revenue globally in 2024.
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