Amazon’s cloud business to invest $8.2 billion in Maharashtra in coming years

Amazon‘s cloud services provider, Amazon Web Services, will invest about $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 $8.3 billion in 2023 — is expected to grow to $24.2 billion by 2028.