Amazon has revealed its intention to invest over $35 billion in India by the year 2030, as reported by several media outlets.

The investment will occur over the coming five years and encompasses the company’s e-commerce, cloud computing, logistics, and digital services sectors in the nation.

Through this commitment, Amazon's total investment in India is projected to approach nearly $75 billion, which includes roughly $40 billion it has already invested since 2010.

The firm announced that the new funds will be utilized for Amazon Web Services, fulfillment infrastructure, last-mile delivery, data centers, and AI-driven projects.

Amazon stated that the funding will additionally bolster its seller ecosystem and export initiative, allowing Indian sellers to reach international markets via the platform.

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Amazon announced its goal to assist roughly 15 million small businesses in India by incorporating artificial intelligence tools into their functions, anticipating that the investment will help generate approximately one million jobs by 2030.

Amazon runs various business sectors in India, such as its marketplace, Prime Video, AWS cloud services, payments, and logistics.

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The company has also broadened its data center and fulfillment network in multiple states to accommodate increasing demand.

India continues to be a significant international market for Amazon, as the company persists in investing in technology, infrastructure, and local sellers as part of its long-term business strategy in the nation.

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The announcement follows a day after Microsoft revealed plans to invest $17.5 billion in India in the upcoming years to enhance its AI and cloud infrastructure presence.

In the meantime, Google has pledged to invest $15 billion in India in the upcoming five years.