AWS Discusses $8.3 Bn Maharashtra Investment Plan With Ashwini Vaishnaw: Report

AWS Discusses $8.3 Bn Maharashtra Investment Plan With Ashwini Vaishnaw: Report

SUMMARY

The AWS team has met Union Minister for Electronics and Information Technology Ashwini Vaishnaw to discuss the investment plan in the coming few years

During the meeting, AWS reaffirmed its commitment to investing $8.3 Bn in Maharashtra over the next few years to expand its cloud infrastructure in India

In January, the Maharashtra government and AWS signed an MoU at the World Economic Forum in Davos to formalise this partnership

A month after it was reported that Amazon Web Services (AWS) is planning to invest $8.3 Bn in cloud infrastructure across Maharashtra to further expand its cloud capacity in India, the team of the company yesterday (March 3) met Union Minister for Electronics and Information Technology Ashwini Vaishnaw to discuss the investment plan in the coming few years. 

During the meeting, AWS reaffirmed its commitment to investing $8.3 Bn in Maharashtra over the next few years to expand its cloud infrastructure in India, ET reported. 

“The team of Amazon Web Services explained their entire plan of investing about $8.3 Bn in Maharashtra in the coming few years,” said Vaishnaw. 

He added, “They are very optimistic about growth in India. They are bringing latest technologies, they are deploying the latest GPUs which is what they shared today. They are deploying some of the best compute facilities and the cloud management services in India.”

He said that along with the investment there will also be significant growth in employment as well.

In January, AWS announced plans to invest $8.3 Bn in cloud infrastructure within the AWS Asia-Pacific (Mumbai) Region in Maharashtra, aiming to expand cloud computing capacity in India. To formalise this partnership, the Maharashtra government and AWS had signed an MoU at the World Economic Forum in Davos.

At the time, it was reported that this investment could contribute $15.3 Bn to India’s GDP by 2030, driving growth across sectors like telecom, construction, electricity, and data center operations. 

Additionally, the investment was projected to support over 81,300 full-time equivalent jobs in businesses linked to the data center supply chain. AWS’s infrastructure powered major enterprises such as Axis Bank, HDFC Bank, and ICICI Lombard, along with startups like Healthify and public-sector entities like Coal India Limited.

AWS, a subsidiary of Amazon, is a leading cloud computing platform that provides a diverse range of services, including computing power, storage, databases, and content delivery. 

As part of its aggressive expansion in India, AWS has committed an investment of INR 60,000 Cr to set up data centres in Telangana. 

Additionally, in September last year, Amazon had reportedly announced plans to inject another $2 Bn into Telangana to further enhance its data center infrastructure in the state.

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AWS Discusses $8.3 Bn Maharashtra Investment Plan With Ashwini Vaishnaw: Report-Inc42 Media
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