Amazon Web Services (AWS) has announced an $8.3 billion investment in cloud infrastructure in Maharashtra as a component of its AWS Asia Pacific (Mumbai) Region growth. The declaration is a segment of AWS’s extensive $12.7 billion pledge to India by 2030, designed to address the increasing need for cloud services and artificial intelligence (AI) across the country.

The Maharashtra government and AWS finalized the agreement on January 22 by signing a memorandum of understanding (MoU) at the World Economic Forum in Davos.

“We are proud to be collaborating with AWS on this investment, which aligns with our vision to make Maharashtra a global capital for data centres,” Maharashtra CM Devendra Fadnavis said. “This partnership will strengthen our technological infrastructure, create jobs, and drive economic growth.”

“The investment in Maharashtra is estimated to add more than $15 billion to India’s GDP (gross domestic product) and support more than 81,000 full-time jobs in the local data centre supply chain annually by 2030,” Matt Garman, CEO at AWS, said. 

David Zapolsky, senior vice president of global public policy and general counsel at Amazon, said, “This collaboration supports the state’s digital ambitions and democratises access to emerging technology.”

AWS forecasts that the investment will add $15.3 billion to India's GDP by the year 2030. These encompass areas like telecommunications, construction, power generation, facility management, and data center operations.