Amazon to invest over $35 Bn in India by 2030

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Amazon has announced plans to invest more than $35 billion in India by 2030, according to multiple media reports. The investment will be made over the next five years and spans the company’s e-commerce, cloud computing, logistics, and digital services businesses in the country.

With this commitment, Amazon’s cumulative investment in India is expected to reach nearly $75 billion, including the approximately $40 billion it has already invested since 2010.

The company said the fresh capital will be deployed across Amazon Web Services, fulfilment…



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Amazon to invest over $35 Bn in India by 2030


Amazon has announced plans to invest more than $35 billion in India by 2030, according to multiple media reports. The investment will be made over the next five years and spans the company’s e-commerce, cloud computing, logistics, and digital services businesses in the country.

With this commitment, Amazon’s cumulative investment in India is expected to reach nearly $75 billion, including the approximately $40 billion it has already invested since 2010.

The company said the fresh capital will be deployed across Amazon Web Services, fulfilment…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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