SEATTLE, Washington: Amazon said it will commit more than US$35 billion to its India operations by 2030, unveiling one of its largest long-term bets on a market the company sees as central to global growth in artificial intelligence, logistics, and exports.

The announcement adds to a year of heavy investment in India by U.S. tech giants seeking to anchor cloud, AI, and deep-tech expansion in Asia's third-largest economy.

Microsoft on Tuesday pledged $17.5 billion for AI and cloud infrastructure in India by 2030, its most significant investment in the region, while Google has committed $15 billion over the next five years to build AI data centers.

Amazon said its new investments are "strategically aligned with India's national priorities and will focus on expanding AI capabilities, enhancing logistics infrastructure, supporting small business growth, and creating jobs."

The e-commerce company has been accelerating spending in the country as it faces stiff competition from Walmart-owned Flipkart and the retail arm of Reliance Industries.

Amazon has already invested $40 billion in India since 2010, including a $26 billion plan announced in 2023. The company said it aims to create 1 million additional job opportunities in India by 2030.

It also said sellers on its platform have generated more than $20 billion in cumulative exports over the past decade, and it expects to help lift that figure to $80 billion by 2030.

India, now the world's most populous nation, remains a crucial growth market for Amazon thanks to its rapidly expanding base of internet users.