Global Corporations Including Amazon, ABB, and Google Invest Billions in India’s Growth
Global corporations are committing billions of dollars to invest in India, signaling the country’s rising significance as a long-term growth market. Despite global economic uncertainties, major tech companies have announced substantial investments aimed at enhancing India’s cloud computing, artificial intelligence, and deep-tech sectors. Government sources indicate that these commitments reflect a strong belief in India’s potential as a key player in the global economy.
Amazon’s $48 Billion Bet
Amazon recently announced an additional investment of $13 billion in India by 2030, aimed at bolstering its artificial intelligence and cloud infrastructure. This new commitment adds to the $35 billion investment plan revealed last year, bringing Amazon’s total planned investment in India to $48 billion by 2030. The announcement followed a meeting between Amazon CEO Andy Jassy and Prime Minister Narendra Modi. Jassy stated that over $21 billion of the total will be directed towards AI and cloud infrastructure, with the additional funds focused on expanding capabilities in Mumbai and Hyderabad.
AirTrunk: $30 Billion
AirTrunk, supported by Blackstone and the Canada Pension Plan Investment Board, has unveiled plans to invest $30 billion in India to develop 5 gigawatts of data center capacity by 2030. This investment positions AirTrunk as a significant contributor to India’s digital infrastructure expansion. The announcement coincided with AirTrunk CEO Robin Khuda’s visit to India, during which he also met with PM Modi.
ABB: $75 Million
ABB announced in March that it will invest an additional $75 million in India by 2026 to expand its manufacturing capacity and research and development operations. This new commitment, alongside over $35 million invested in 2025, reflects ABB’s focus on its “local-for-local” strategy in India. Currently, approximately 85% of ABB’s products marketed in India are produced domestically, and the investment will enhance its electrification, motion, and automation businesses.
CPP Investments: Rs 7,000 Crore
CtrlS Datacenters Ltd. has entered a strategic partnership with the Canada Pension Plan Investment Board (CPP Investments), which will commit up to Rs 7,000 crore to support CtrlS’s expansion in India’s digital infrastructure market. As part of the agreement, CPP Investments will invest Rs 4,000 crore to acquire an 8.2% equity stake in CtrlS. The partnership will also establish a joint venture to develop hyperscale data center campuses across India, with CPP Investments committing up to Rs 3,000 crore for a 48% stake in the venture.
Saint-Gobain: €1 Billion
Saint-Gobain’s Chairman and CEO Benoit Bazin recently reaffirmed the company’s commitment to invest an additional €1 billion in India over the next five years. Bazin described India as the company’s fastest-growing market globally. Following a meeting with PM Modi in Paris, he emphasized India’s central role in Saint-Gobain’s growth strategy and noted the company’s ongoing investments in manufacturing, research and development, and information technology.
Google: $15 Billion
Google CEO Sundar Pichai announced plans for a $15 billion investment in India, focusing on strengthening the country’s AI infrastructure. Pichai highlighted Visakhapatnam as a key location for Google’s long-term AI ambitions, where the company is establishing a full-stack AI hub. This hub will feature gigawatt-scale computers and a new international subsea cable gateway, aimed at creating jobs and advancing AI capabilities across India.
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