Amazon Web Services said it will invest $12.7 billion into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services.
The investment is estimated to contribute $23.3 billion to India’s economy by 2030, the company said.
It followed AWS’s previous investment of $3.7 billion between 2016-2022 and will bring the US company’s total investment in India to $16.4 billion by 2030.
“AWS is committed to driving positive social and economic impact in India. In addition to building cloud infrastructure and helping local customers and partners digitally transform, we have trained more than four million people in India with cloud skills since 2017, and invested in six utility-scale renewable energy projects to meet our global 100 per cent renewable energy goal by 2025,” said Puneet Chandok, president of commercial business at AWS India and South Asia.
“Our planned investment will help create more beneficial ripple effects, supporting India on its path to becoming a global digital powerhouse.”
The planned investment in data centre infrastructure in India will support an estimated 131,700 full-time equivalent jobs in Indian businesses each year. These positions, including construction, facility maintenance, engineering, telecommunications, and other jobs, are part of the data centre supply chain in India, AWS said.
The company has two data centre infrastructure regions in India – launched in Mumbai in 2016, and in Hyderabad in November last year.
It estimated that its overall contribution to the Indian economy between 2016 and 2022 was more than $4.6 billion, and the investment supported nearly 39,500 full-time equivalent jobs annually in Indian businesses.
“Cloud and the underlying data centre infrastructure are important elements of India's digital infrastructure and ecosystem,” said Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology.
“I welcome the AWS investment … it will certainly catalyse India’s digital economy.”
For businesses, moving to a cloud system hosted by a specialised company – such as Oracle, AWS or SAP – is more economical than creating their own infrastructure of servers, hardware and security networks, industry experts said. It also brings down the overall cost of ownership.
In the cloud industry, businesses pay only for those selective services or resources they use over a period of time.
AWS has seen a rapid uptake in its business in the post-Covid era. Its revenue reached $21.4 billion in the first quarter, rising annually by more than 16 per cent.
Our planned investment will help create more beneficial ripple effects, supporting India on its path to becoming a global digital powerhouse
Puneet Chandok,
president of commercial business at AWS India and South Asia
Since 2017, AWS has taught cloud skills to more than four million people in India.
In February, it announced an initiative to help unemployed and underemployed IT professionals in India enhance their skills and pivot to mid-level cloud careers.
Indian companies and public sector organisations that migrate computing workloads from on-premises data centres to cloud infrastructure can expect to reduce their energy use – and associated carbon footprint – by nearly 80 per cent, according to 451 Research, part of S&P Global Market Intelligence.
MATCH INFO
Chelsea 3 (Abraham 11', 17', 74')
Luton Town 1 (Clark 30')
Man of the match Abraham (Chelsea)
Uefa Nations League: How it Works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
UAE%20PREMIERSHIP
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THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
