Amazon has confirmed plans to invest more than $35bn in India by 2030, aiming to expand its business operations and focus on AI-driven digitisation, export growth, and creating jobs.

This announcement was made at the sixth Amazon Smbhav Summit in New Delhi.

Amazon’s investment targets include accelerating digital transformation by increasing AI capabilities, strengthening logistics infrastructure, and supporting small business growth.

The company plans to bring AI tools to 15 million small businesses by the end of this decade.

Currently, sellers on Amazon.in use AI-powered platforms such as Seller Assistant and Next Gen Selling.

Further initiatives involve improving shopping experiences with products such as Lens AI for visual discovery and implementing multilingual features for customers.

Amazon emerging markets senior vice president Amit Agarwal said: “We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat.

“We have invested at scale in growing the physical and digital infrastructure for small businesses in India, creating millions of jobs, and taking Made-in-India global.”

According to an Economic Impact Report by Keystone Strategy presented at the event, Amazon’s cumulative investments in India have reached nearly $40bn.

The report is said to identify Amazon as the largest foreign investor in India, the largest enabler of ecommerce exports, and one of the top job creators in the country.

The company’s activities in India have resulted in the digitisation of more than 12 million small businesses and have supported approximately $20bn in cumulative ecommerce exports.