Amazon will invest about $35 billion more in India by 2030, deepening its commitment to one of its largest global markets after having already deployed $40 billion in the country over the past decade and a half, Amit Agarwal, SVP, Emerging Markets at Amazon, said on December 10.
“Between 2010-2024, Amazon has invested $40 billion across its businesses. We have digitized 10 million small businesses, achieved $20 billion in cumulative exports. If you look at 2024 alone, we supported 2.8 million direct and indirect seasonal jobs,” Agarwal said while speaking at the Amazon Smbhav 2025 event in New Delhi.
Amazon’s investments so far have positioned it among the biggest foreign capital contributors to India’s digital economy, Agarwal said.
“Based on the investments that we have made, and the pledges that we have achieved, Amazon is the largest foreign investor in the country, it is the largest creator of exports in the country and one of the largest creator of jobs in the country,” he said.
India remains a key long-term growth market for the company, with fresh capital earmarked across e-commerce, logistics, cloud and AI-led digitisation.
“India continues to be one of Amazon's largest long term opportunities. And we have just gotten started...We estimate that we will invest about $35 billion incrementally across our businesses by 2030,” Agarwal said.
The expanded investment pipeline is also expected to significantly scale Amazon’s workforce footprint in the country.
“By 2030, we anticipate we will be supporting 3.8 million new jobs - both direct and indirect seasonal jobs,” he added.
The next phase of investment will focus on strengthening fulfilment and delivery infrastructure, enabling more small businesses to come online, and expanding AI-led tools across commerce and operations.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.