On Wednesday, the American e-commerce giant Amazon announced that it will invest $35 billion in India by 2030. This is part of a race among tech giants to invest in Asia, and particularly in India.
According to the company’s press release, it has invested in both physical and digital infrastructure, including transportation networks, data centers, online payment platforms, and technology development.
To achieve this, its new objective for the next five years is to increase exports, create jobs, and, above all, accelerate the adoption of artificial intelligence by 15 million small businesses.
While several multinational firms have announced significant investments this year in the Asian country, the world’s fifth-largest economy is expected to have more than 900 million internet users by the end of the year.
India is now establishing itself as a leading technology hub thanks to its huge pool of skilled talent, which has prompted global tech giants like Microsoft, Google, and OpenAI to invest in the world’s most populous country to develop data centers and AI projects.
What's happening in Tunisia?
Subscribe to our Youtube channel for updates.
