Amazon to Invest $12.7 Billion in India Cloud Services by 2030 – Bloomberg Law

Amazon.com Inc. plans to invest $12.7 billion in cloud infrastructure in India by 2030, joining other global tech giants in betting on growth in the South Asian nation’s digital economy.

The US company’s cloud business, which has data centers in the Mumbai and Hyderabad regions, already invested $3.7 billion in India from 2016 to 2022, it said in a statement Thursday. The fresh outlay will include spending in construction, server computers and telecommunications infrastructure.

Global tech companies from Apple Inc. to Netflix Inc. are expanding in the world’s most populous country with services such as video streaming and online retailing, …