Amazon to invest additional $35B in India by 2030, taking total planned spending to $75B
Summarize this article with:
Amazon said on Wednesday it will invest an additional $35 billion in India by 2030, taking its total planned commitment in the country to about $75 billion as it expands its retail and cloud operations in the South Asian nation. The e-commerce giant said the new investment will support its efforts to digitize small businesses and strengthen its logistics and operations footprint in India. The company said it aims to enable AI access for up to 15 million small businesses and generate 1 million direct, indirect, induced and seasonal jobs by 2030. Citing an Economic Impact Report by Keystone Strategy, Amazon said it has invested nearly $40 billion in India to date. In 2023, Amazon said it would invest $15 billion in the country by 2030 — of that, $12.7 billion was earmarked for its cloud business through Amazon Web Services. Amazon’s new plan comes just a day after Microsoft said it would invest $17.5 billion in India by 2029. And in October, Google said it would spend $15 billion to build an AI hub and data center infrastructure in the country. India is an important market for Big Tech, drawn by its huge populace, which features more than a billion internet users and hundreds of millions of smartphone users. The country has also attracted interest from AI firms such as OpenAI, Anthropic and Perplexity, as a large share of the population comes online for the first time, and a growing developer base accelerates the adoption of GenAI applications. “One of the things that I look for is what’s happening here,” said Russell Grandinetti, senior VP of international stores at Amazon, at the company’s annual small business-focused Smbhav event in New Delhi. “That’s inevitably going to become part of how we run our business around the world.” Amazon faces strong competition in India from Walmart-backed Flipkart, Meesho, and quick-commerce firms such as Swiggy’s Instamart, Zomato’s Blinkit and Zepto, which are expanding fast and targeting the same urban consumer base. However, with its immense logistics network and more than 1.7 million sellers, the company does enjoy scale advantages in the market. Techcrunch event Join the Disrupt 2026 Waitlist Add yourself to the Disrupt 2026 waitlist to be first in line when Early Bird tickets drop. Past Disrupts have brought Google Cloud, Netflix, Microsoft, Box, Phia, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, and Vinod Khosla to the stages — part of 250+ industry leaders driving 200+ sessions built to fuel your growth and sharpen your edge. Plus, meet the hundreds of startups innovating across every sector. Join the Disrupt 2026 Waitlist Add yourself to the Disrupt 2026 waitlist to be first in line when Early Bird tickets drop. Past Disrupts have brought Google Cloud, Netflix, Microsoft, Box, Phia, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, and Vinod Khosla to the stages — part of 250+ industry leaders driving 200+ sessions built to fuel your growth and sharpen your edge. Plus, meet the hundreds of startups innovating across every sector. San Francisco | October 13-15, 2026 WAITLIST NOW “India continues to be Amazon’s one of the largest long-term opportunities,” said Amit Aggarwal, senior VP of emerging markets at Amazon. Topics Amazon, Amazon India, Commerce, India Jagmeet Singh Reporter Jagmeet covers startups, tech policy-related updates, and all other major tech-centric developments from India for TechCrunch. He previously worked as a principal correspondent at NDTV. You can contact or verify outreach from Jagmeet by emailing mail@journalistjagmeet.com.
View Bio Dates TBD Locations TBA Plan ahead for the 2026 StrictlyVC events. Hear straight-from-the-source candid insights in on-stage fireside sessions and meet the builders and backers shaping the industry. Join the waitlist to get first access to the lowest-priced tickets and important updates.
Waitlist Now Most Popular SpaceX reportedly planning 2026 IPO with $1.5T valuation target Sean O'Kane Claude Code is coming to Slack, and that’s a bigger deal than it sounds Rebecca Bellan Creator IShowSpeed sued for allegedly punching, choking viral humanoid Rizzbot Dominic-Madori Davis Sources: AI synthetic research startup Aaru raised a Series A at a $1B ‘headline’ valuation Marina Temkin SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company Connie Loizos Meta acquires AI device startup Limitless Sarah Perez After Neuralink, Max Hodak is building something even wilder Connie Loizos