Maharashtra Secures $8.3 Billion AWS Investment for Cloud Infrastructure, Generating 81,000+ Jobs
Maharashtra Secures $8.3 Billion AWS Investment for Cloud Infrastructure, Generating 81,000+ Jobs
At the World Economic Forum (WEF) in Davos, Maharashtra has secured a significant $8.3 billion investment from Amazon Web Services (AWS), aimed at expanding the state’s cloud infrastructure by 2030. This move is part of AWS’s broader $12.7 billion commitment to India, first announced in May 2023, and will help boost India’s cloud computing capacity and digital economy.
The investment is expected to create over 81,000 jobs within India’s data centre supply chain, contributing to the growth of the nation’s tech ecosystem and supporting the rising demand for cloud services and artificial intelligence (AI). Notably, this expansion follows AWS’s previous investment of $3.7 billion between 2016 and 2022 to develop cloud infrastructure in Maharashtra, marking the state as a key player in India’s digital transformation. Chief Minister Devendra Fadnavis hailed the collaboration, underscoring its transformative potential for Maharashtra. “As we fulfil our vision of becoming a global capital for data centres, this collaboration will not only bolster our state’s technological infrastructure, but also create new opportunities for innovation, economic growth, and job creation,” said Fadnavis. He further emphasized the state’s commitment to fostering a conducive environment for such transformative investments to shape Maharashtra’s digital future.
On AWS’s part, David Zapolsky, Senior Vice President of Global Public Policy and General Counsel at Amazon, expressed confidence in India’s digital economy, saying, “We see tremendous potential for India’s digital economy to thrive for years to come with the growing demand for cloud and artificial intelligence.” AWS’s Mumbai region, launched in 2016, was the company’s first cloud infrastructure in India. With the demand for AI and digital services growing globally, AWS is ramping up its investment plans across the world. This includes a €1.2 billion investment in Italy and $11 billion in Georgia for enhancing AI computing capabilities. The $8.3 billion investment in Maharashtra is set to be a game-changer for the state’s tech industry, facilitating the growth of a new digital ecosystem and providing the necessary infrastructure to support emerging technologies. With this massive expansion, AWS is not only reinforcing its presence in India but also enabling the state to become a major global hub for cloud computing and AI innovation.