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Davos 2025: AWS to Invest $8.3 Billion in Maharashtra to Boost Cloud Infrastructure

Written by: Team Angel OneUpdated on: Jan 23, 2025, 3:17 PM IST
AWS is investing $8.3 billion in Maharashtra to expand cloud infrastructure, adding $15.3 billion to GDP and creating 81,300 jobs annually by 2030.
Davos 2025: AWS to Invest $8.3 Billion in Maharashtra to Boost Cloud Infrastructure
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Amazon Web Services (AWS) has announced a major $8.3 billion investment to expand its cloud infrastructure in Maharashtra under the AWS Asia-Pacific (Mumbai) Region. This is expected to boost India’s digital economy and create thousands of jobs in the state.

$15.3 Billion Contribution to GDP by 2030

AWS estimates that this investment will contribute $15.3 billion to India’s GDP by 2030. It’s also expected to support over 81,300 full-time jobs every year within Maharashtra’s data centre supply chain. The plan is part of AWS’s broader $12.7 billion commitment to cloud infrastructure in India, announced in 2023.

Formalised at Davos

At the World Economic Forum in Davos, the Maharashtra government signed a memorandum of understanding (MoU) with AWS to formalise this collaboration. Chief Minister Devendra Fadnavis called it an important moment for the state, noting that AWS’s decision to expand in the Mumbai Metropolitan Region underlines Maharashtra’s importance.

AWS’s Existing Presence in Maharashtra

AWS has been investing in Maharashtra for several years. Between 2016 and 2022, the company poured $3.7 billion into its cloud infrastructure in the state. The AWS Asia-Pacific (Mumbai) Region was the company’s first cloud infrastructure region in India, launched in 2016, followed by the Hyderabad Region in 2022.

Cloud Services Powering Indian Businesses

AWS works with a range of Indian enterprises, startups, and public sector organisations. Major clients include Axis Bank, HDFC Bank, ICICI Lombard, and Coal India. Startups like Healthify and Fibe also rely on AWS for their operations.

Digital Growth

AWS’s investment shows its confidence in India’s digital growth, with increasing demand for cloud and AI technologies driving this expansion. The focus is on making technology accessible to businesses of all sizes while supporting local jobs and economic growth in Maharashtra.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 23, 2025, 3:17 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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