Post by : Badri Ariffin

Amazon has launched an ambitious $35 billion investment initiative in India, aiming to revolutionize the country’s digital economy through advancements in artificial intelligence, job opportunities, and export enhancements. This announcement follows Microsoft’s recent pledge of $17.5 billion, underscoring the growing trust in India’s tech and innovative landscape.

Since establishing its Indian marketplace in 2013, Amazon has invested a total of $40 billion, which includes employee salaries and infrastructure building. This latest commitment will center on three key areas: utilizing AI for digital transformation, boosting exports, and generating job vacancies. The initiative is in line with India’s broader national objectives regarding technology integration, manufacturing expansion, and international trade.

Speaking at Amazon’s Smbhav summit aimed at micro, small, and medium enterprises (MSMEs), Senior VP for Emerging Markets, Amit Agarwal, stated the company’s goal is to make AI accessible to millions, provide 1 million new jobs, and increase cumulative e-commerce exports to $80 billion by 2030. Amazon has already facilitated the digital transition of over 12 million small businesses and has helped create nearly 2.8 million jobs throughout India.

To enhance exports, Amazon has introduced the ‘Accelerate Exports’ initiative, which focuses on manufacturing and connects entrepreneurs with producers. Key regions like Tirupur, Kanpur, and Surat will initiate onboarding events to assist local makers in accessing international markets. Additionally, Amazon plans to implement AI training for 4 million government school students, equipping the future workforce with necessary skills in emerging technologies.

India is quickly becoming a key destination for AI investment, with global technology leaders such as Google, Microsoft, and Amazon placing increased emphasis on cloud and AI infrastructure. Experts suggest that these investments are poised to fast-track digital adoption, enhance exports, and generate millions of employment opportunities, further establishing India as a global tech powerhouse.

#Global News #AI #Technology