Amazon pledges to invest $35bn in India by 2030
Bengaluru, Dec. 11 -- Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the US e-commerce giant said on Wednesday, as global tech firms deepen their presence in Asia's third-largest economy.
Major US tech firms have poured billions of dollars into India this year, underscoring the country's emergence as a strategic hub for cloud, AI and deeptech growth. Amazon's investments are "strategically aligned with India's national priorities," the company said. P13...
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