Amazon.com Inc. plans to invest over $35 billion in India by 2030, focusing on AI innovation and creating 1 million jobs. The company aims to expand business, boost exports to $80 billion, and provide AI benefits to 15 million small businesses. Amazon is the largest foreign investor in India and a top job creator.

The investment will support 3.8 million jobs by 2030 and benefit 15 million small businesses in India. Amazon aims to democratize access to AI, quadruple ecommerce exports to $80 billion, and offer AI literacy programs to 4 million government school students by 2030. The company has already digitized 12 million small businesses in India.

Amazon’s $40 billion investment in India has digitized 12 million small businesses, enabled $20 billion in exports, and created 2.8 million jobs across industries. The company has built physical and digital infrastructure, including fulfillment centers, transportation networks, data centers, and digital payments infrastructure. Amazon is committed to being a catalyst for India’s growth.

Read more at Nasdaq: Amazon Plans $35 Bln Investment In India By 2030 To Boost AI Innovation