Skip to content
Search

Latest Stories

Amazon to invest £10.5 billion in India by 2030

This comes on top of its £5.2bn investment in e-commerce in the country

Amazon to invest £10.5 billion in India by 2030

Amazon's cloud computing unit will invest $13 billion (£10.5bn) in India by the end of this decade, doubling down on its past investments to cater to the growing demand for such services in one of Asia's fastest-growing economies.

This comes on top of its $6.5bn (£5.2bn) investment in e-commerce in India, where it has rapidly expanded over the years but faces a strict regulatory environment that forces it to run only a marketplace.


The latest investment will be used to build its cloud infrastructure in India and will support over 100,000 full-time jobs annually, Amazon Web Services (AWS) said in a statement on Thursday (18). With this, the total planned investment in India adds up to about $16.4bn (£13.2bn) by 2030.

The company already runs two data centers in the Indian subcontinent - one in Mumbai which was launched in 2016, and another in Hyderabad, which started in 2022.

The cloud platform offers more than 200 services, including storage, networking and artificial intelligence.

Amazon's move comes as India steps up efforts to attract more big-ticket investments in the digital space to address the spike in demand for data storage and services from corporate and government bodies.

India's public cloud services market is expected to touch $13bn (£10.5bn) by 2026, climbing at a compound annual growth rate of 23.1 per cent for 2021-26, according to market intelligence provider IDC.

A host of global companies, including Microsoft and Alphabet Inc's Google, have ramped up cloud investments in India in recent years amid New Delhi's push to gain stricter oversight of Big Tech firms by nudging to store data locally.

The country is currently drafting a cloud and data center policy to regulate the sector. India's broader tech sector, too, has attracted high-profile investments in recent months.

US networking equipment maker Cisco Systemsearlier this month said it would start manufacturing from India to diversify its global supply chain, while Apple Inc supplier Foxconn will invest $500m (£402m)  to set up plants in the southern Indian state of Telangana.

(Reuters)

More For You

Arun Srinivas

Meta considers India a key growth market

Meta

Arun Srinivas steps up as Meta’s Managing Director for India

Meta has announced the appointment of Arun Srinivas as the new Managing Director and Head of its India operations. He will assume the role from 1 July 2025, reporting to Sandhya Devanathan, who was recently promoted to oversee Meta's operations in both India and South East Asia.

Expanded role for Srinivas

In his new position, Srinivas will be responsible for aligning Meta’s business, innovation, and revenue priorities to better serve partners and clients across India. His focus will include strengthening strategic relationships with advertisers, developers, and brands, as well as continuing to support Meta’s long-term growth in the region.

Keep ReadingShow less
Trump Mobile

President Trump reported earning over $8 million in 2024 from various licensing agreements

Getty Images

Trump Mobile introduces $499 device bundled with $47 unlimited talk, text and data plan

The Trump Organization has announced the launch of Trump Mobile, a branded mobile phone service and a $499 smartphone, both expected to debut in September 2025. This marks the latest in a growing list of commercial ventures associated with President Donald Trump.

The 47 Plan: patriotic branding and telecoms offering

Trump Mobile’s service package, dubbed The 47 Plan, will cost $47.45 per month and include unlimited calls, texts, and data. Customers will also receive roadside assistance and access to a “Telehealth and Pharmacy Benefit”. Both the name and pricing of the plan are symbolic, referencing Trump’s political position as the 47th president of the United States.

Keep ReadingShow less
Madhvani group executives meet Modi to discuss investments in India

Madhvani Group executives with Narendra Modi

Madhvani group executives meet Modi to discuss investments in India

Executives from the Madhvani Group, including Shrai Madhvani, his wife Aparna Madhvani, and director Nitin Gadhia, met Indian Prime Minister Narendra Modi at his official residence in New Delhi on Saturday to discuss the group’s proposed investments in India, including the acquisition of Hindustan National Glass Ltd (HNGIL).

The meeting focused on the group's plans to invest in India through INSCO, which is seeking to acquire HNGIL, the country’s largest container glass manufacturer. The acquisition is currently awaiting approval from the National Company Law Tribunal (NCLT), following key rulings by the Supreme Court of India on January 29 and May 16, 2025.

Keep ReadingShow less
Apple India Reroutes 97% of iPhones to US Amid Tariff Push

Apple iPhones are seen inside India's first Apple retail store in Mumbai, India, April 17, 2023.

REUTERS

Foxconn sends 97 per cent of India iPhone exports to US amid tariff push

NEARLY all iPhones exported by Foxconn from India between March and May were shipped to the United States, according to customs data reviewed by Reuters.

The data showed that 97 per cent of Foxconn’s iPhone exports during this period went to the US, significantly higher than the 2024 average of 50.3 per cent.

Keep ReadingShow less
Weaker labour market data sparks debate on rate cuts

The Bank of England is weighing inflation signals ahead of rate call

Weaker labour market data sparks debate on rate cuts

PAY growth in Britain slowed sharply and unemployment rose to its highest level in nearly four years in the three months to April, official figures showed on Tuesday (10), potentially reducing the Bank of England’s (BoE) caution over further interest rate cuts.

Wage growth excluding bonuses slowed to 5.2 per cent, the weakest pace since the three months to September, and fell more than expected from 5.5 per cent in January to March this year.

Keep ReadingShow less