Amazon will invest 35 billion dollars in India by 2030.

Amazon's Big Investment Plans in India

The American 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 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 American internet companies.

Competition and Strategy Developments

Despite this, there is a challenging competitive environment for Amazon. The company faces competition from Walmart-backed Flipkart, Blinkit, Swiggy's Instamart, and Zepto. These firms stand out by offering instant delivery services for 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 spreading artificial intelligence for millions of Indians.” Additionally, the company plans to quadruple e-commerce exports from India to reach $80 billion by 2030.