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    Ministry of Minority Affairs, IIT Patna Sign MoU to Enhance Skilling and Employment Opportunities for Youth

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AWS to contribute $23.3 billion to India’s GDP by 2030

By: Editorial Desk

by Editorial Desk
September 23, 2023
in Technology
Reading Time: 2 mins read
AWS to contribute $23.3 billion to India’s GDP by 2030

AWS to contribute $23.3 billion to India’s GDP by 2030

Summarize with:

New Delhi: AWS India has received cloud service provider (CSP) empanelment from MeitY) for cloud services provided using the AWS Asia Pacific (Hyderabad) Region. The Hyderabad region has been operational since November 2022. This was a part of AWS’s total investment of Rs 1,36,500 crores $16.4 billion in cloud infrastructure in India by 2030.

The AWS Asia-Pacific (Hyderabad) Region is the second AWS Region in India to be fully empaneled by MeitY. In 2017 the AWS Asia-Pacific (Mumbai) Region completed MeitY’s STQC (Standardization Testing and Quality Certification) audit. The empanelment affirms that AWS meets government standards of quality, availability, and security, and provides government organisations, PSUs, statutory bodies, and financial institutions mandated by SEBI more scope to innovate with cloud.

The Indian government is aggressively pursuing digital transformation initiatives to propel the country to become a $5 trillion economy within this decade. Investments in cloud infrastructure such as the AWS Asia Pacific (Hyderabad) Region will help contribute to India’s growing economy, and enable digital innovation to support government programs such as Digital India, Skill India, Smart Cities Mission, and Ayushman Bharat Digital Mission, believes Shalini Kapoor, director and chief technologist for the public sector with AWS India Private Limited (AWS India).

“With both AWS Regions in India empaneled by MeitY, AWS is providing customers more choice to access resilient, secure, and low-latency cloud infrastructure, while offering more ability for AWS Partners to develop innovative solutions and address customer needs,” she added.

AWS’s planned investment of Rs1,05,600 crores in cloud infrastructure in India by 2030 includes allocating more resources to data center infrastructure, which will create an estimated average of 131,700 full-time equivalent bs across industries like construction, facility maintenance, and engineering roles, among others. AWS’s investments in cloud infrastructure is expected to contribute $23.3 billion to India’s total GDP by 2030. In 2022, both AWS Regions in India – in Mumbai and Hyderabad – were among 19 AWS Regions globally whose electricity consumption was attributed to 100% renewable energy.

Since 2017, more than four million people in India have been trained in cloud skills through a variety of training programs like AWS Skill Builder, AWS re/Start and many others. Recently, AWS also announced seven free and low-cost training courses on generative artificial intelligence, underscoring the company’s mission to help individuals gain in-demand digital skills.

Also Read More – 
  • Micron Technology to start construction of $2.75 billion semiconductor plant in Sanand, Gujarat
Summarize with:
Tags: AWSAWS Asia-PacificAWS to contribute $23.3 billion to India’s GDP by 2030Cloud Service ProviderIndia’s GDP
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