The investment, which will also include the establishment of new data centres, is part of the Redmond-headquartered firm's push to support India's growing digital economy.
India has become a key market for global tech majors Microsoft and its rivals like Google and Amazon Web Services (AWS) that are capitalising on the country's 1.4 billion-strong population and its emerging digital economy. Amazon plans to invest $12.7 billion in its Indian operations by 2030, while Nvidia has tied up with Mukesh Ambani's Reliance Industries to build AI infrastructure and an innovation centre in the country.
Microsoft's India commitment follows the company's recently announced plans to invest $80 billion on AI-enabled data centres in 2025.
The Hyderabad-born Microsoft CEO, who is on a two-day visit to India, met Prime Minister Narendra Modi on Monday. The company said this investment aims to accelerate AI innovation in India, which is pivotal for achieving Prime Minister Narendra Modi's vision of a developed India (Viksit Bharat) by 2047.
Bu hikaye Business Standard dergisinin January 08, 2025 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin January 08, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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