Amazon's cloud business to invest US$8.2 billion in Indian state in coming years

Business

Amazon's cloud services provider, Amazon Web Services, will invest about US$8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday. India has been stepping up its efforts to pilot local cloud data storage. According to a report by International Data Corporation, the country's cloud services market - estimated at US$8.3 billion in 2023 - is expected to grow to US$24.2 billion by 2028. "Along with the investment, there will