Amazon $AMZN ( ▼ 1.56% ) plans to invest more than $35 billion in India by 2030, building on the nearly $40 billion it has already poured into the country. The company said the new funding will focus on AI-driven digitization, export growth, and job creation.
The announcement lands one day after Microsoft $MSFT ( ▲ 1.42% ) revealed a $17.5 billion plan of its own, set to run from 2026 to 2029, aimed at accelerating India’s AI infrastructure.
India is becoming a key arena for global tech giants thanks to its fast-growing digital economy, deep developer pool, and government support for AI initiatives. The back-to-back commitments from Amazon and Microsoft signal how quickly both companies are scaling their global AI spending as they race to build and monetize the next wave of computing.