AWS to make a fresh investment of 12.7 billion in India by 2030
1 year, 7 months ago

AWS to make a fresh investment of 12.7 billion in India by 2030

The Hindu  

Amazon Web Services said it would have invested $ 16.4 billion in India by 2030 to meet the fast-growing customer demand for cloud services in the country. Puneet Chandok, president of commercial business, AWS India and South Asia said India was a rapidly expanding cloud market and therefore the company was making considerable investments in the country and the newly announced investments would help create more beneficial ripple effects, supporting the country on its path to becoming a global digital powerhouse. “Our planned investment of $12.7 billion by 2030 will help create more beneficial ripple effects, supporting India on its path to becoming a global digital powerhouse. Our investments in data centre infrastructure will support an estimated average of 1,31,700 full-time equivalent jobs in India every year,’‘ he said while delivering a keynote address at the AWS event. These positions, including construction, facility maintenance, engineering, telecommunications, and other jobs, would be part of AWS data centre supply chain in the country, AWS’ investment was also estimated to contribute $23.3 billion to India’s total gross domestic product by 2030, said Mr. Chandok.

India Investment Billion Chandok Aws  ripple  cloud  aws  fresh  investments  2030  india  investment  infrastructure  127  country  data  billion

History of this topic

RBI to take on Google, Microsoft with its first-ever cloud platform: Report
1 month ago

RBI to take on Google, Microsoft with its first-ever cloud platform: Report

Live Mint  

The Reserve Bank of India plans to launch an affordable, local cloud data storage pilot programme in 2025, for financial firms, Reuters reported, citing two sources. The RBI's new initiative will use local IT companies and compete with global providers like Amazon Web Services, Google Cloud, IBM Cloud, and Microsoft Azure, it added. The second source told the news agency …

Amazon to invest $10 billion in UK data centres
3 months, 1 week ago

Amazon to invest $10 billion in UK data centres

Hindustan Times  

Internet giant Amazon's cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds to the country's gross domestic product by the end of 2028 and to …

Amazon Web Services plans data centre expansion in Hyderabad; eyes significant investment
4 months, 1 week ago

Amazon Web Services plans data centre expansion in Hyderabad; eyes significant investment

Live Mint  

Hyderabad, August 11 : Amazon Web Services is keen on significantly expanding its data centre operations in Telangana, augmenting AI offerings in a big way. As per the Telangana CMO statement, Amazon Web Services has designated Hyderabad as a strategic region and three big data centres are already operational. Speaking after the meeting, Kerry Person, Vice President Data Center Planning …

Amazon set to join Big Tec
4 months, 3 weeks ago

Amazon set to join Big Tec

Live Mint  

By Deborah Mary Sophia July 31 - Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology. The e-commerce giant's capital investments - mostly for building cloud and generative AI infrastructure - is expected to have risen 43% in …

AWS’ GenAI Loft for startups launched in Bengaluru
4 months, 3 weeks ago

AWS’ GenAI Loft for startups launched in Bengaluru

The Hindu  

Amazon Web Services has announced the launch of a new global initiative called AWS GenAI Loft in Bengaluru on Tuesday. “We are excited to commence the global tour of AWS GenAI Loft in Bengaluru, a hub for AI innovation in the country,” said Kumara Raghavan, head of startups at AWS India and South Asia. Participants will be given access to …

Amazon in talks with Italy to invest billions of euros in cloud plan: Report
6 months, 3 weeks ago

Amazon in talks with Italy to invest billions of euros in cloud plan: Report

Hindustan Times  

Amazon's computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre business in the country as part of the tech giant's effort to boost its cloud offer in Europe, four people familiar with the matter said. AWS launched its first cloud region in Italy in 2020 as part of a …

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan
8 months, 2 weeks ago

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan

Hindustan Times  

Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence. Microsoft's Azure, Alphabet-unit Google Cloud and Amazon Web Services are the top three cloud computing companies in the world. Server …

‘Cloud, AI can unlock ₹1.6 trillion for small biz’
1 year, 2 months ago

‘Cloud, AI can unlock ₹1.6 trillion for small biz’

Live Mint  

New Delhi: Small businesses that embrace artificial intelligence and cloud-enabled technologies in India are expected to unlock up to ₹1.6 trillion in annual productivity gains and support 45.9 million jobs by 2030, a report said on Thursday. “By adopting advanced cloud-enabled technologies like generative AI, small businesses can accelerate their growth and digital transformation,” said Deepti Dutt, leader, Verticals, Public …

Amazon Web Services ties up with ISRO
1 year, 3 months ago

Amazon Web Services ties up with ISRO

The Hindu  

Amazon Web Services India Private Limited has signed a strategic Memorandum of Understanding with the Indian Space Research Organization and Indian National Space Promotion and Authorization Centre to support space-tech innovations through cloud computing. “Cloud computing-led innovations enable the space industry to make better decisions, faster – pushing the boundaries of possibilities, and AWS is committed to help startups identify …

Amazon working on a generative AI to help small businesses in India
1 year, 3 months ago

Amazon working on a generative AI to help small businesses in India

The Hindu  

Amazon India is developing a generative artificial intelligence tool called SahAI for its business partners to help them with the backend of any particular product. Still in trial stage, this new generative AI is aimed at breaking barriers and helping many new businesses to come on the marketplace, said Amazon during Sambhav summit in New Delhi on Thursday. Amazon signed …

Amazon touts its low-cost cloud computing in generative AI race
1 year, 5 months ago

Amazon touts its low-cost cloud computing in generative AI race

The Hindu  

A key way that Amazon's cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and operate, the kinds of costs Amazon Web Services is good at …

Amazon is investing another $7.8B in Ohio-based cloud computing operations, state leaders say
1 year, 5 months ago

Amazon is investing another $7.8B in Ohio-based cloud computing operations, state leaders say

Associated Press  

COLUMBUS, Ohio — Amazon’s profitable cloud business will invest roughly $7.8 billion by the end of 2029 to expand its data center operations in central Ohio, state leaders announced Monday, further advancing the state’s efforts to establish itself as the Midwest’s technology hub. The cloud computing company is now responsible for the second largest private sector investment in the state’s …

Amazon intends to invest USD 15 billion more in India: CEO Andy Jassy
1 year, 6 months ago

Amazon intends to invest USD 15 billion more in India: CEO Andy Jassy

Deccan Chronicle  

Washington: E-commerce giant Amazon plans to invest USD 15 billion more in India, taking its total investment in the country to USD 26 billion, a top official of the company has said. After meeting Prime Minister Narendra Modi in the US, Amazon CEO Andy Jassy said the company has already invested USD 11 billion in India till date. We have …

Amazon intends to invest $15 billion more in India, says CEO Andy Jassy
1 year, 6 months ago

Amazon intends to invest $15 billion more in India, says CEO Andy Jassy

The Hindu  

E-commerce giant Amazon plans to invest $15 billion more in India, taking its total investment in the country to $26 billion, a top official of the company has said. After meeting Prime Minister Narendra Modi in the U.S., Amazon CEO Andy Jassy said the company has already invested $11 billion in India till date. pic.twitter.com/1JFo0oqAZz — PMO India June 23, …

Internet economy to become 12–13% of GDP by 2030: Report
1 year, 6 months ago

Internet economy to become 12–13% of GDP by 2030: Report

The Hindu  

India’s internet economy — B2C e-commerce firms, online service providers, ed-tech companies, and so on — will hit $1 trillion in value by 2030, up from $175 billion in 2022, a report by Google, Bain & Company and Temasek estimated. The key thrust would come from “Tier 2+ locations,” the report said, emphasising smaller towns and rural areas, where the …

Puneet Chandok, AWS India Head Resigns From The Company
1 year, 6 months ago

Puneet Chandok, AWS India Head Resigns From The Company

ABP News  

Puneet Chandok, the India and South Asia Head of retail behemoth Amazon's cloud division, Amazon Web Services, has resigned with effect from August 31, news agency Reuters reported on Friday. Chandok’s departure comes as AWS, the Cloud arm of e-commerce giant Amazon, last month announced plans to invest Rs 1,05,600 crore into cloud infrastructure in India by 2030 to meet …

Amazon’s cloud arm to invest $12.7 billion in India by 2030
1 year, 7 months ago

Amazon’s cloud arm to invest $12.7 billion in India by 2030

The Hindu  

Amazon Web Services said it plans to invest $12.7 billion in India by 2030 to meet the fast-growing customer demand for cloud services in the country. Puneet Chandok, president of commercial business, AWS India and South Asia, said India was a rapidly expanding cloud market and therefore the company was making considerable investments in the country and the newly-announced investments …

AWS, Amazon Web Services India Cloud Division, To Invest Rs 1,05,600 Crore In India By 2030
1 year, 7 months ago

AWS, Amazon Web Services India Cloud Division, To Invest Rs 1,05,600 Crore In India By 2030

ABP News  

Amazon Web Services, the cloud division of e-commerce giant Amazon, has announced its intention to invest Rs 1,05,600 crore into cloud infrastructure in India by 2030. The minister welcomed AWS's investment and emphasized that the Ministry of Electronics and Information Technology is actively working on a Cloud and Data Center Policy to foster innovation, sustainability, and growth in India's cloud …

Amazon Web Services set to invest $12.7 billion in India by 2030
1 year, 7 months ago

Amazon Web Services set to invest $12.7 billion in India by 2030

Live Mint  

Amazon's cloud computing unit, Amazon Web Services, has revealed its intention to invest USD 12.7 billion in cloud infrastructure in India by 2030. To fuel its web services business, Amazon said it has trained more than 4 million people in India with cloud skills since 2017 and invested in six utility-scale renewable energy projects, AWS said. The company currently operates …

Amazon to invest USD 12.7 billion into cloud infrastructure in India; plans to create over 130,000 jobs
1 year, 7 months ago

Amazon to invest USD 12.7 billion into cloud infrastructure in India; plans to create over 130,000 jobs

India TV News  

Mumbai: Amazon's cloud computing unit, Amazon Web Services on Thursday announced its plans to invest Rs 1,05,600 crore into cloud infrastructure in India by 2030. “Amazon Web Services announced it plans to invest INR 1,05,600 crores into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in India,” it said in a statement. India welcomes …

Technology and cloud to build a better India
1 year, 9 months ago

Technology and cloud to build a better India

Live Mint  

In today’s world, the growing volume of data is driving advances in technologies, such as cloud computing, combined with artificial intelligence and machine learning. A new India—one of the world’s largest technology hubs India is the world’s third largest startup ecosystem, and is fast becoming the SaaS factory for the world. Cloud is now a must for India’s businesses and …

India’s SaaS companies to reach $35 billion by 2027: Report
1 year, 10 months ago

India’s SaaS companies to reach $35 billion by 2027: Report

The Hindu  

India’s Software as a Service companies are expected to share 8% of the global SaaS market, and reach $35 billion by 2027, despite prevailing market headwinds, report said. The industry is growing 20% to 25% per year, driven by proliferation of new SaaS companies and supported by investors who are allocating increased capital to SaaS companies, across stages, according to …

Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI
1 year, 11 months ago

Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI

Deccan Chronicle  

HYDERABAD: In one of the highest Foreign Direct Investments into Telangana, Amazon Web Services announced on Friday that it would increase its investment from its previously committed Rs 20,096 crore in 2020 to Rs 36,300 crore by 2030. Amazon Web Services will invest in its three Hyderabad data centre campuses at Chandanvelly, FAB City, and Pharma City in phases. The …

Amazon India to lay off around 1,000 staff
1 year, 11 months ago

Amazon India to lay off around 1,000 staff

Live Mint  

E-commerce company Amazon plans to lay off around 1,000 employees in India as part of its biggest retrenchment exercise across the globe. The e-commerce company Amazon has announced the lay-off of over 18,000 roles across the globe due to uncertain economic conditions. "The decision to eliminate 18,000 job roles across the globe will impact about 1,000 employees in India," the …

AWS cloud services propel India’s startup boom
1 year, 11 months ago

AWS cloud services propel India’s startup boom

The Hindu  

Over the last five years, the number of registered startups in India have grown from 452 in 2016 to 84,012 according to figures presented in Parliament this week. AWS, or Amazon Web Services, one of India’s largest providers of cloud-based services, has provided start up credits that allow aspirant startups to use a suite of services from computing, storage and …

Amazon to set up facility in Vishakhapatnam
2 years ago

Amazon to set up facility in Vishakhapatnam

Deccan Chronicle  

Visakhapatnam: The world’s biggest online retailer Amazon will establish a facility here in 2023. The Software Technology Parks of India here announced via its Twitter account that Amazon would establish a facility in the park with an initial expenditure of Rs 55.65 lakh and create about 120 job opportunities. The state and in particular the city is witnessing huge investments …

Amazon beats a retreat as India’s ONDC broadens its horizons
2 years ago

Amazon beats a retreat as India’s ONDC broadens its horizons

The Hindu  

Amazon is reworking its plans. In January 2020, at a conference in New Delhi, then Amazon CEO Jeff Bezos, and head of Amazon India, Amit Agarwal, said the retail giant will pump in a billion dollars to help the country’s small and medium-sized businesses. Amazon’s shift in investment and retreat from wholesale distribution comes at a time when India’s own …

Amazon Web Services launches AWS Asia Pacific (Hyderabad) Region
2 years, 1 month ago

Amazon Web Services launches AWS Asia Pacific (Hyderabad) Region

The Hindu  

Cloud service provider Amazon Web Services, Inc. has launched AWS Asia Pacific Region, its second such facility to augment services to customers in India. The jobs will be part of the AWS supply chain in India, including construction, facility maintenance, engineering, telecommunications and jobs within the country’s broader economy, the Amazon company said on November 22. On AWS Asia Pacific …

AWS launches infrastructure region in Hyderabad
2 years, 1 month ago

AWS launches infrastructure region in Hyderabad

Deccan Chronicle  

Hyderabad: Amazon Web Services, Inc., on Tuesday announced the launch of its second AWS infrastructure Region in India—the AWS Asia Pacific Region. “The launch of the AWS Asia Pacific Region supports India's digital transformation and is part of our long-term investment in the country since opening our first office in 2011. Customers and partners in India will now have additional …

An opportunity for India Inc
2 years, 3 months ago

An opportunity for India Inc

The Hindu  

We live in an age when businessmen command considerable influence in society. India’s stock markets are now in an explosive phase of growth and start-ups are reaping huge funds without any credible record of performance, largely on the trust of retail investors. India’s SME sector needs to modernise itself with the help of digital technology, professional management and better scale …

India to lose $118bn in GDP, 5mn jobs by 2026 if it lags in cloud adoption: Nasscom
2 years, 5 months ago

India to lose $118bn in GDP, 5mn jobs by 2026 if it lags in cloud adoption: Nasscom

Live Mint  

India may stand to lose $118 billion in GDP contribution and five million job opportunities by 2026, if businesses and government are late to cloud adoption, said industry body Nasscom in a recent report. Large scale Cloud adoption can contribute $380 billion to India’s GDP and add 14 million direct and indirect employment opportunities by 2026, it said. Moreover, with …

Investments in Indian SaaS grew 170% this year
3 years ago

Investments in Indian SaaS grew 170% this year

The Hindu  

Investments in Indian Software as a Service rose to $4.5 billion in 2021, growing 170% from 2020, driven by a surge in the number of $50 million + deals, according to a report released yesterday by Bain & Company, a global consultancy firm. The report titled 'India SaaS Report 2021: SaaS companies will lead India’s next wave of technology giants', …

India's IT services sector to see 4.5 lakh gross employee addition in second half of FY22: Report
3 years, 1 month ago

India's IT services sector to see 4.5 lakh gross employee addition in second half of FY22: Report

Hindustan Times  

Indian IT services sector is expected to see a gross employee addition of about 4.5 lakh in the second half of the fiscal ended March 2022, according to a report by market intelligence firm UnearthInsight. With higher attrition in the second half of around 17 to 19 per cent, the industry is expected to have a net employee addition of …

India’s public cloud services spending to touch $7.3 billion
3 years, 1 month ago

India’s public cloud services spending to touch $7.3 billion

The Hindu  

India’s cloud adoption has accelerated since the pandemic started and the double-digit growth in public cloud is expected to continue in the next year as well, according to research and advisory firm Gartner. The country’s public cloud services end-user spending is forecast to total $7.3 billion in 2022, up 29.6% from the previous year. IaaS and SaaS will make up …

Amazon to hire 8,000 people in India this year, will host first-ever Career Day on THIS date
3 years, 3 months ago

Amazon to hire 8,000 people in India this year, will host first-ever Career Day on THIS date

India TV News  

Amazon is planning to hire more than 8,000 direct workforce across 35 cities in the country this year across corporate, technology, customer service and operations roles, according to a top company official. "These job opportunities are spread across corporate, technology, customer service, and operations roles," Amazon HR Leader - Corporate, APAC, and MENA Deepti Varma told PTI. Currently, Amazon employs …

Global cloud infrastructure market grows as digital transformation accelerates
3 years, 4 months ago

Global cloud infrastructure market grows as digital transformation accelerates

The Hindu  

The global cloud infrastructure market grew in the June ending quarter, driven by workload migration and cloud-native application development. Worldwide cloud infrastructure services spending increased 36% to $47 billion in the second quarter of 2021, compared with the previous year, according to a report by market analyst firm Canalys. Amazon Web Services, Microsoft Azure, and Google Cloud retained the top …

India’s digital skilled workforce needs to grow nine-fold by 2025: AWS survey
3 years, 9 months ago

India’s digital skilled workforce needs to grow nine-fold by 2025: AWS survey

The Hindu  

Digital skills are becoming an essential component for employees to perform their jobs proficiently. India’s present workforce comprises only 12% digitally skilled employees, and the number of employees requiring digital skills in the country will need to increase nine-fold by 2025, according to a report commissioned by Amazon Web Services. Nearly 150 million workers in six APAC countries apply digital …

Amazon surpasses $100B in quarterly revenue for 1st time
3 years, 10 months ago

Amazon surpasses $100B in quarterly revenue for 1st time

India TV News  

After Apple, Amazon became the second US tech company to log its largest quarter by revenue of all time at $125.56 billion, as online shopping broke all records in the holiday quarter amid the Covid-19 pandemic. Amazon also announced that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy, CEO …

Amazon To Soon Launch Its Future Engineer Computer Education Programme in India, Job Posting Hints
3 years, 11 months ago

Amazon To Soon Launch Its Future Engineer Computer Education Programme in India, Job Posting Hints

News 18  

Seattle-based tech giant Amazon is planning to launch its childhood-to-career programme Future Engineer in India, according to a recently-spotted job listing. The Future Engineer program from Amazon debuted in the US in January last year, aimed at funding computer science classes to help students learn coding and computers. The job posting, first spotted by TechCrunch, hints that Amazon is planning …

Many IT leaders in India planning significant hike in 2021 cloud budgets: Survey
4 years, 1 month ago

Many IT leaders in India planning significant hike in 2021 cloud budgets: Survey

Live Mint  

Many IT leaders in India are planning to make significant increase in 2021 cloud budgets in order to facilitate remote working, according to a survey. The survey revealed that 73% of India's IT leaders plan to make significant increase in their 2021 cloud budgets in order to make remote working easier, and potentially, permanent. "Upskilling and reskilling are going to …

Amazon to Invest Rs 20,761 Cr To Set Up Data Centers In Telangana
4 years, 1 month ago

Amazon to Invest Rs 20,761 Cr To Set Up Data Centers In Telangana

The Quint  

The release from the Telangana government said, “AWS will establish data centres in three locations with an overall estimated capital investment of approx. The investment from AWS would position Telangana one of the preferred destinations for other companies that are looking to set up data centres in the future. The new AWS Asia Pacific Region will enable even more developers, …

Amazon infuses Rs 1,125cr into India unit ahead of festive sales
4 years, 2 months ago

Amazon infuses Rs 1,125cr into India unit ahead of festive sales

India TV News  

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius have pumped in Rs 1,125 crore into Amazon Seller Services, regulatory documents sourced by business intelligence platform Tofler, showed. Previously, the …

Amazon aims to hire 'many more' people in India
4 years, 4 months ago

Amazon aims to hire 'many more' people in India

India TV News  

Amazon is planning to get more sellers on board as the company focuses on digitising a lot of micro, small and medium-sized businesses in India and hiring many more people, a top company executive has said. With the expanded network of more than 60 fulfilment centres, the company said it was looking forward to creating thousands of job opportunities with …

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