Indian Economy News

AWS to invest US$ 4.4 billion in India by 2030 through new Hyderabad region service

  • IBEF
  • November 23, 2022

Amazon Web Services (AWS) announced it would invest about US$ 4.4 billion in India by 2030 through a new regional service and support more than 48,000 jobs yearly.

Six years after its entry with its Mumbai Location in 2016, AWS Asia Pacific (Hyderabad) is the company's second infrastructure region in India. Customers will get access to AWS solutions for data analytics, security, machine learning, and artificial intelligence through the Hyderabad region (AI).

Availability zones that place infrastructure in different and diverse geographic areas make up AWS regions. Each Availability Zone is connected by redundant, ultra-low latency networks and has separate power, cooling, and physical security.

AWS now has 96 Availability Zones spread over 30 geographic areas with the establishment of the AWS Asia Pacific (Hyderabad) Region. There are also plans to create 15 further Availability Zones and five other AWS regions in Australia, Canada, Israel, New Zealand, and Thailand.

The business also stated that by 2030, the construction and operations of the new cloud infrastructure region might boost India's GDP by about US$ 7.6 billion.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.