Amazon Web Services Bets Big On India with $8.2 Billion Cloud Investment

Amazon.Com Inc AMZN cloud unit Amazon Web Services looks to invest $8.2 billion in India’s western state of Maharashtra over the next few years, Reuters cited the Indian information technology minister Ashwini Vaishnaw Monday.

Vaishnaw told Reuters that the investments will roll out by 2029-2030.

Amazon plans to deploy its graphics processing units, latest technologies, and cloud management services in India.

It runs two data centers in the Indian subcontinent, one in Mumbai, launched in 2016, and another in Hyderabad, which started in 2022.

Also Read: Amazon Unveils Ocelot Quantum Chip After Microsoft, Aims to Slash Error Correction Costs by 90%

International Data Corp expects the Indian cloud services market to grow to $24.2 billion by 2028 from $8.3 billion in 2023.

In 2023, Amazon shared plans to invest $12.7 billion to bolster its cloud infrastructure in India by 2030. 

In 2025, AWS disclosed the launch of AWS Asia Pacific (Thailand) Region, with a planned investment of over $5 billion. It expects the new Thailand Region to contribute ~$10 billion to the country’s GDP and support over 11,000 full-time-equivalent jobs annually.

Recently, Amazon shared plans to invest about $100 billion in artificial intelligence initiatives for 2025. CEO Andy Jassy said that most funds will go to AWS, which runs data centers and provides software tools.

Amazon Stock Prediction For 2025

Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.

Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Amazon.com, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Amazon.com, the 200-day moving average sits at $198.69, according to Benzinga Pro, which is below the current price of $207.89. For more on charts and trend lines, see a description here.

Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.

Price Action: AMZN stock is down 2.47% at $207.01 at the last check on Monday.

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