Amazon Web Services Commits $8.2 Billion Investment in Maharashtra
Amazon Web Services (AWS), the cloud computing arm of Amazon, has announced a substantial investment in India’s Maharashtra state. This move is set to enhance the country’s cloud infrastructure and data storage capabilities.
Investment Details
AWS plans to invest approximately $8.2 billion over the coming years. This investment aims to bolster local cloud data storage, aligning with India’s growing digital infrastructure needs.
Growth of India’s Cloud Services Market
India’s cloud services market, valued at $8.3 billion in 2023, is projected to reach $24.2 billion by 2028. AWS’s investment is expected to drive employment growth and deploy advanced cloud technologies across the nation by 2029-2030.
Existing AWS Infrastructure in India
Currently, AWS operates two data centers in India: one in Mumbai and another in Hyderabad. This new investment signifies AWS’s commitment to expanding its footprint in the Indian market.
Conclusion
AWS’s significant investment in Maharashtra highlights India’s potential as a global cloud services hub. This development is poised to accelerate the country’s digital transformation and economic growth.