Amazon Invests $13B in India's Cloud Boom

Amazon Invests $13B in India's Cloud Boom

Amazon.com Inc's ($AMZN@US) cloud computing unit, Amazon Web Services (AWS), has announced plans to invest 1.06 trillion rupees ($13 billion) in India by the decade's end. The investment is aimed at expanding AWS's cloud infrastructure in India and meeting the growing demand for cloud services in one of Asia's fastest-growing economies. It is expected to create over 100,000 full-time jobs annually. It follows Amazon's previous $6.5 billion investment in e-commerce in India.


User: Benzinga

Views: 54

Uploaded: 2023-05-19

Duration: 00:39

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