Global majors are lining up billions of dollars in investment commitments in India, despite global economic uncertainty around war and trade policies, according to a Reuters report cited by Business Today. Recent announcements by large US technology companies and other global firms highlight the rising importance of India as a key destination for cloud computing, artificial intelligence, and deep-tech investments. Government sources say the trend sends a strong signal that global corporations increasingly view India as a major long-term growth market and are committing substantial investments to strengthen their presence in the country.
Amazon's $48 Billion AI and Cloud Bet
Amazon announced on Thursday that it will invest an additional $13 billion in India by 2030 to strengthen its artificial intelligence and cloud infrastructure. The fresh commitment comes on top of the $35 billion investment plan unveiled last year, taking the company's total planned investment to $48 billion by 2030. The announcement followed a meeting between Amazon CEO Andy Jassy and Prime Minister Narendra Modi. In a post on social media platform X, Jassy said the company intends to invest $48 billion in India over the next five years, including more than $21 billion towards AI and cloud infrastructure. According to the company, the additional $13 billion will be used to expand AI and cloud capabilities across its facilities in the Mumbai and Hyderabad regions.
AirTrunk's $30 Billion Data Centre Push
Earlier this month, AirTrunk, backed by Blackstone and the Canada Pension Plan Investment Board (CPP Investments), unveiled plans to invest $30 billion in India to develop 5 gigawatts (GW) of data centre capacity by 2030. The proposed investment positions the company among the largest contributors to India's digital infrastructure expansion. The announcement coincided with AirTrunk founder and CEO Robin Khuda's visit to India, during which he also met PM Modi.
ABB's $75 Million Manufacturing Expansion
ABB, the global electrification and automation company, in March announced an additional investment of $75 million in India during 2026 to substantially expand its manufacturing capacity and research and development operations. The company said this fresh commitment, along with the more than $35 million invested in 2025, demonstrates its continued focus on strengthening its “local-for-local” strategy in India. Currently, about 85% of the products and solutions that ABB markets in India are produced within the country. The investment will be channelled towards expanding the company's electrification, motion and automation businesses.
CPP Investments and CtrlS Datacenters: Rs 7,000 Crore Partnership
Last week, CtrlS Datacenters Ltd. entered into a strategic partnership with CPP Investments, under which CPP Investments will commit up to Rs 7,000 crore (C$1 billion) to support CtrlS’s next phase of expansion in India’s rapidly growing digital infrastructure market. As part of the agreement, CPP Investments will invest Rs 4,000 crore (C$588 million) to acquire an 8.2% equity stake in CtrlS. The two partners will also establish a joint venture to build hyperscale data centre campuses across India. Under this arrangement, CPP Investments has committed up to Rs 3,000 crore (C$441 million) and will hold a 48% stake in the venture, while CtrlS will retain the remaining 52% ownership. The collaboration is intended to accelerate the development of next-generation data centre infrastructure to cater to increasing demand from hyperscalers, cloud service providers, AI applications and India’s expanding digital economy.
Saint-Gobain's €1 Billion Commitment
Saint-Gobain Chairman and CEO Benoit Bazin last week reaffirmed the company’s commitment to invest an additional €1 billion in India (the source text cuts off, but the commitment is stated).
Summary of Major Commitments
| Company | Investment Amount | Purpose | Timeframe |
|---|---|---|---|
| Amazon | $48 billion (incl. $13B additional) | AI & cloud infrastructure | By 2030 |
| AirTrunk | $30 billion | 5 GW data centre capacity | By 2030 |
| ABB | $75 million (2026) + $35M (2025) | Manufacturing & R&D expansion | 2025-2026 |
| CPP Investments (with CtrlS) | Rs 7,000 crore (~C$1B) | Equity stake & JV for hyperscale data centres | Ongoing |
| Saint-Gobain | €1 billion | (undisclosed) | Reaffirmed |
These commitments come as global corporations increasingly view India as a major long-term growth market, according to government sources. The investments span critical sectors including cloud computing, AI, data centers, and manufacturing, reinforcing India's position as a key destination for deep-tech and infrastructure investments.
Sources:
