Amazon Web Services to invest over Rs 1 lakh crore in India by 2030

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Amazon Web Services to invest over Rs 1 lakh crore in India by 2030
Amazon Web Services to invest over Rs 1 lakh crore in India by 2030

Amazon Web Services (AWS), the cloud computing unit of Amazon, plans to double its past investments in India to meet rapidly growing demand.

The company’s cloud unit said in a statement that it will invest Rs 1.06 lakh crore in the country by 2030. The fresh investment will be used to build its cloud infrastructure in India and support over 1,00,000 full-time jobs annually, said AWS.

As of now, the company runs two data centers in the India, one in Mumbai which was launched in 2016 and another in Hyderabad, started in 2022.

Amazon Web Services total planned investments in India add up to approximately $16.4 billion by 2030, the company added in its statement.

AWS cloud platform offers more than 200 services, from storage to robotics and even artificial intelligence.

Amazon’s cloud unit has been investing aggressively across the world to provide seamless connectivity. Earlier this year, it disclosed plans to invest $6 billion in Malaysia by 2037.

Also Read: Two Residential Houses Damaged In South Kashmir

At least two residential houses were damaged in a fire incident in Loktipora Bijbehara area of Anantnag district on Thursday.

Reports reaching news agency said that two residential houses were gutted in a fire incident in the Loktipora area this morning.

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