Amazon Web Services (AWS) announced plans to invest $12.7 billion into cloud infrastructure in India by 2030 to meet the growing customer demand for cloud services in India.
AWS already has two regional data centers in India, but speaking to Economic Times, Adam Selipsky, AWS CEO, said his company will invest a further $12.7 billion in its efforts to meet growing customer demand in the country, which he expects to continue at a rapid pace.
“We’ve already invested $3.7 billion in India between 2016 and 2022. We now plan to invest an additional $12.7 billion in our local cloud infrastructure in India by 2030. That cumulatively is $16.4 billion and we’re very excited by that. It will add over $23 billion to the Indian GDP by 2030.” Selipsky said in the interview.
Speaking of India as a market and its potential, he added: “India has absolutely remained an incredibly energised, high growth market. We see digital innovation proceeding really rapidly in India. I was just incredibly impressed by the amount of activity I saw when I was there (in April).
“I think it’s exciting times for India’s economy. I know the government’s played a role in setting a lot of those wheels in motion. They’re trying to build a trillion-dollar digital economy by 2025, on the way to a $5 trillion economy over the next few years. And embracing cloud technology is critical for India to realise those ambitions.
“Worldwide, only a small minority of IT spend has moved to the cloud. And that includes India. We’re still at the beginning at the early stages of adoption amongst enterprises and public sector customers. And you look at economic downturns of the past and companies in the 2008 timeframe like Uber and Airbnb, who got going building on AWS in those time frames – those are the worldwide leaders now and I expect more of this to come out of this economic crisis. And I suspect a lot of those will come from India.”
In November last year, AWS launched its second AWS infrastructure Region in India—the AWS Asia Pacific (Hyderabad) Region, giving developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organisations greater choice for running their applications and serving end users from data centers located in India.
AWS’ other data center is in Mumbai.
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