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Amazon's cloud business to invest US$8.2 billion in Indian state in coming years

Summary by Channel News Asia
Amazon's cloud services provider, Amazon Web Services, will invest about US$8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday. India has been stepping up its efforts to pilot local cloud data storage. According to a report by Int

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Channel News AsiaChannel News Asia

Amazon's cloud business to invest US$8.2 billion in Indian state in coming years

Amazon's cloud services provider, Amazon Web Services, will invest about US$8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday. India has been stepping up its efforts to pilot local cloud data storage. According to a report by Int

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AllWork.SpaceAllWork.Space

Amazon Cloud Business Investing $8.2 Billion On India Expansion

Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over the next few years, the information technology ministry said on Monday. India has been stepping up its efforts to pilot local cloud data storage. According to a report by International Data Corporation, the country’s cloud services market — estimated at $8.3 billion in 2023 — is expected to grow to $24.2 billion by 2…

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eastcoastdaily.ineastcoastdaily.in

Foreign direct investment to Indian drop to $10.9 billion | DH Latest News, DH NEWS, Latest News, India, NEWS , Outward Foreign Direct Investment, Outbound foreign direct investment, foreign direct investment, Department for Promotion of Industry and Inte

New Delhi: Foreign direct investment in India dipped by 5.6 per cent year-on-year to USD 10.9 billion in October-December quarter of this fiscal. FDI inflows during October-December 2023-24 stood at USD 11.55 billion. According to the Department for Promotion of Industry and Internal Trade (DPIIT) data, in the July-September quarter of the current fiscal, the inflows were up by about 43 per cent year-on-year to USD 13.6 billion and had increased…

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Channel News Asia broke the news in Singapore on Monday, March 3, 2025.
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