Amazon will provide employment to 20 lakh people in India by 2030, Minister of State for IT gave information

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Amazon Investment: E-commerce company Amazon CEO Andy Jesse said after meeting Prime Minister Narendra Modi that the company is committed to investing $ 26 billion in India by 2030. Amazon has so far invested around $11 billion in India and plans to invest around $15 billion more by 2030. Jassi tweeted after meeting PM Modi, who ended his three-day state visit to the US on Friday: “Productive meeting with PM @narendramodi. Discussed Amazon’s commitment to invest $26 billion in India by 2030.” ” After the announcement of Amazon’s investment, Minister of State for IT Rajiv Chandrasekhar tweeted that it is a big step towards Digital India and India becoming self-reliant under the leadership of PM Modi. He said the $26 billion investment by Amazon would create two million jobs in India.

Amazon CEO said that working together we will support startups, create jobs, enable exports and empower individuals and small businesses to scale globally. India is a key market for Amazon, where it has invested more than $6.5 billion in e-commerce over the past decade. In May this year, Amazon’s cloud service, Amazon Web Services (AWS), plans to invest Rs 1,05,600 crore ($12.7 billion) in cloud infrastructure in India by 2030 to meet the growing demand for cloud services announced.

The company is rapidly increasing investment in India

This investment is estimated to contribute Rs 1,94,700 crore ($23.3 billion) to India’s total gross domestic product (GDP) by 2030. The latest investment follows AWS’s investment of Rs 30,900 crore ($3.7 billion) between 2016-2022, taking the total AWS investment in India to Rs 1,36,500 crore ($16.4 billion) by 2030. AWS has two data center infrastructure regions in India – AWS Asia Pacific (Mumbai) which was launched in 2016, and AWS Asia Pacific (Hyderabad) which was launched in November 2022. The company estimates that its total contribution to India’s GDP between 2016 and 2022 was over ₹38,200 crore ($4.6 billion), and the investment has worked to create approximately 39,500 jobs annually in Indian businesses.

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