Amazon will invest $35 billion in India by 2030.

Amazon's Major Investment Plans in India

U.S. e-commerce giant Amazon has announced a $35 billion investment plan for India. These investments are said to be made in significant areas such as artificial intelligence and logistics infrastructure by 2030.

Employment Growth 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 large U.S. 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 firms attract attention by offering instant delivery services to India's large consumer base. Amazon is developing new strategies to increase customer options in this intense competition.

Amazon's Goals and Export Plans

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