Amazon AMZN and Microsoft MSFT have announced a combined investment of $52.5 billion aimed at accelerating India’s AI and cloud ecosystem. The announcements highlight India’s growing importance as a global hub for advanced digital technologies.
Amazon Commits $35 Billion Investment by 2030
Amazon revealed that it plans to invest $35 billion in India by 2030 to drive AI-led digitization, and expand exports, per Reuters, as quoted on Yahoo Finance. Note that Amazon has invested $40 billion in India since 2010, and announced ???a $26 billion investment in 2023, per the above-mentioned source.
This new commitment cements Amazon’s position as one of the largest foreign investors in India. A significant portion of the fresh investment will be directed toward strengthening local cloud and AI infrastructure.
Microsoft Announces $17.5B to Boost India’s AI Ecosystem
Microsoft, also pledged $17.5 billion to boost India’s AI capabilities and cloud infrastructure, this week, by 2030. The investment includes expanding hyperscale infrastructure and embedding AI into national platforms, per CNBC. Microsoft pledged $3 billion in investments in January 2025. The new hyperscale cloud region in Hyderabad of India is scheduled to become operational by mid-2026.
Google to Spend $15 Billion on AI Data Center
In October, Alphabet GOOGL said that it is deepening its commitment to India with a massive $15 billion investment to build a new AI-focused data center, marking the company’s largest bet on the country to date, per Reuters.
India Emerges as a Global AI and Cloud Investment Hotspot
India’s appeal as an AI and cloud powerhouse has grown sharply in recent months. Intel recently entered inti a major collaboration with Tata Electronics as part of the latter’s $14 billion semiconductor manufacturing project. India is also accelerating efforts to build a domestic semiconductor industry, thanks to substantial government subsidies and multiple private and state-backed initiatives.
ETFs in Focus
Against this backdrop, investors can tap India-based exchange-traded funds (ETFs) like VanEck Digital India ETF DGIN, iShares India 50 ETF INDY and Invesco India ETF PIN.
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Amazon.com, Inc. (AMZN): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Invesco India ETF (PIN): ETF Research Reports iShares India 50 ETF (INDY): ETF Research Reports VanEck Digital India ETF (DGIN): ETF Research ReportsThis article originally published on Zacks Investment Research (zacks.com).
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