Amazon's cloud unit to invest $13 billion in India by 2030

Singapore News News

Amazon's cloud unit to invest $13 billion in India by 2030
Singapore Latest News,Singapore Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Amazon Web Services, the cloud computing division of Amazon, said it plans to invest $13 billion in India by 2030, doubling down on its past investments to cater to an ever-growing demand

3D printed clouds and figurines are seen in front of the AWS cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration, said on Thursday it plans to invest 1.06 trillion rupees in India by 2030, doubling down on its past investments to cater to an ever-growing demand.

The latest investment will be used to build its cloud infrastructure in India and it will support over 100,000 full-time jobs annually, AWS said. The company runs two data centers in the Indian subcontinent - one in Mumbai which was launched in 2016, and another in Hyderabad, which started in 2022. AWS' total planned investment in India adds up to about $16.4 billion by 2030, the company said in a statement.

The cloud platform offers more than 200 services, including storage, robotics and artificial intelligence.U.S. networking equipment maker Cisco Systems

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesian Culture Minister Nadiem Makarim Launches $13 Million Annual Film Grant, Reveals BiFan, Udine Agreements (EXCLUSIVE)Indonesian Culture Minister Nadiem Makarim Launches $13 Million Annual Film Grant, Reveals BiFan, Udine Agreements (EXCLUSIVE)Nadiem Makarim, Indonesia’s minister of education, culture, research and technology, is set to launch an annual $13 million film grant at the Cannes Film Festival. This is the first governmen…
Read more »

Ripple acquires Swiss blockchain custody firm Metaco for $250MRipple acquires Swiss blockchain custody firm Metaco for $250MMetaco's primary offering is a tokenization infrastructure called Harmonize.
Read more »

Saskatchewan running coal power later than 2030 would be illegal: GuilbeaultSaskatchewan running coal power later than 2030 would be illegal: GuilbeaultOTTAWA — It would be against the law for Saskatchewan to run its coal\u002Dfired power plants after 2030 unless the greenhouse\u002Dgas emissions from those plants are…
Read more »

Stock market fears as investors say 'substantial risk' of economy tankingStock market fears as investors say 'substantial risk' of economy tankingInvestors' fears of an upcoming downturn in the stock market have grown after Warren Buffett dumped $13 billion in U.S. stocks in the first quarter of the year.
Read more »

What Drives This Madness On Hydrogen? - CleanTechnicaWhat Drives This Madness On Hydrogen? - CleanTechnicaAs Liebreich says, it will take until 2030 for the hype to die down, because that's how long it takes to deprogram a cult.
Read more »

Latino history largely ignored in U.S. high school textbooks, study findsLatino history largely ignored in U.S. high school textbooks, study findsThough the percentage of Latino students is on the rise in the U.S., high school textbooks used across the country largely ignore Latino history, a new study has found.
Read more »



Render Time: 2025-03-29 10:26:00