Amazon's $35B India Investment to Fuel 1M Digital Jobs

Citing a report from Keystone Strategy, Amazon claimed to be the 'largest foreign investor in India'. According to the report, Amazon has digitised 1.2 crore small businesses, enabled $20 billion in cumulative ecommerce exports, and supported 2.8 crore direct and indirect jobs across India as of 2024. Amit Agarwal, senior vice president for emerging markets, said Amazon's growth reflects its long-term alignment with India's development goals.

"We are humbled to have been a part of India's digital transformation journey over the past 15 years," he said. He noted that Amazon's investments in fulfilment centres, transportation networks, data centres, payments systems and workforce training have powered both business expansion and broader economic participation. The company plans to create an additional 10 lakh jobs by 2030, driven by the expansion of its logistics network and the parallel growth of packaging, manufacturing, and transportation industries that depend on it.

Amazon also outlined an AI-led strategy to "democratise access to AI for millions of Indians," including a commitment to bring AI tools to 1.5 crore small businesses and introduce AI education programs for 40 lakh government school students. Agarwal said the next phase of investment will accelerate exports, infrastructure development and innovation. "We're excited to continue being a catalyst for India's growth," he said, with Amazon targeting $80 billion in cumulative ecommerce exports by 2030.