AWS is making a huge investment into India

Date:
Thu, 18 May 2023 09:13:19 +0000

Description:
$12.7 billion is heading in Indias direction to expand AWS in the region, but the company is promising much more to come.

FULL STORY ======================================================================

Amazon Web Services (AWS) has announced plans to invest $12.7 billion into India between now and 2030, bringing its total investment to $16.4 billion over a period spanning almost a decade and a half.

Following its contribution of an estimated $4.6 billion to Indias GDP and 39,500 full-time equivalent (FTE) jobs during the first six-year period, AWSs second round of investments are expected to add a further $23.3 billion to
the countrys total GDP and 131,700 FTE roles across construction, facility maintenance, engineering, telecommunications, and more.

Supporting its goal to provide cloud hosting services are the AWS Asia
Pacific (Hyderabad) Region which opened in November 2022, and the earlier AWS Asia Pacific (Mumbai) Region which has been in operation since 2016. AWS is going big in India

Speaking of the upcoming funding, AWS India and South Asia president of commercial business Puneet Chandok said: Read more

These are the best cloud hosting providers around

AWS is investing billions in expanding its global cloud footprint

Amazon just bought the most renewable energy ever purchased by a single

company

AWS is committed to driving positive social and economic impact in India. In addition to building cloud infrastructure and helping local customers and partners digitally transform, we have trained more than four million people
in India with cloud skills since 2017.

Chandok also alluded to the companys 2025 renewable energy goal, calling out six utility-scale renewable energy projects made up of three solar projects and three wind-solar hybrid projects that collectively produce 920 megawatts of energy.

AWS has committed to helping other key areas across India, including
providing access to clean water for 250,000 citizens; creating 11 Think Big Spaces designed to encourage science, technology, engineering, art, and mathematics (STEAM) careers; and providing a route into employment via its re/Start program.

More broadly, other tech firms including Amazon rivals Google and Microsoft have started to invest big in the region which represents opportunity for growth and change for good in numerous developing countries. Need somewhere
to store your data? How about the best cloud storage or best cloud backup tools ?



======================================================================
Link to news story: https://www.techradar.com/news/aws-is-making-a-huge-investment-into-india


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)