Amazon will invest 35 billion dollars in India by 2030.

Amazon's Big Investment Plans for India

The US e-commerce giant Amazon has announced a $35 billion investment plan for India. It was stated that these investments would be made in important areas such as artificial intelligence and logistics infrastructure by 2030.

Employment Increase and Growth Expectations

The company emphasized that these investments aim to create 1 million new jobs in India. With its status as the most populous country in the world, India continues to be an attractive market for major US internet companies.

Competition and Strategy Developments

Nevertheless, there is a challenging competitive environment for Amazon. The company faces competitors such as Walmart-backed Flipkart, Blinkit, Swiggy's Instamart, and Zepto. These companies stand out by offering instant delivery services for India's large consumer base. In this intense competition, Amazon is developing new strategies to increase customer options.

Amazon's Goals and Export Plans

Amazon's Head of Emerging Markets Amit Agarwal stated, “We are excited to continue to be a catalyst for India’s growth while rolling out artificial intelligence for millions of Indians.” Additionally, the company plans to increase e-commerce exports from India fourfold to reach $80 billion by 2030.