ByYessar Rosendar,
Forbes Staff.
Amazon is investing $35 billion to expand its business operations across India over the next five years amid a digital boom in the world’s most populous country.
The company’s investment will focus on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth and creating jobs, according to a statement released on Wednesday.
“Looking ahead, we’re excited to continue being a catalyst for India’s growth, as we democratize access to AI for millions of Indians and quadruple cumulative ecommerce exports to $80 billion by 2030,” Amit Agarwal, senior vice-president for emerging markets at Amazon, said in the statement.
