Global majors are lining up billions of dollars worth investment in India despite the global economic uncertainty around war and trade policies. Recent announcements by tech giants and other global companies indicate the rising importance of India as a market.Large US technology companies have collectively committed billions of dollars to India, highlighting the country’s growing importance as a key destination for cloud computing, artificial intelligence and deep-tech investments, according to a Reuters report.Government sources say that 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.Some of the biggest announcements made by global CEOs and corporations in the recent past include:
Amazon’s $48 billion 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 in India to $48 billion by 2030.The announcement followed a meeting between Amazon CEO Andy Jassy and PM 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: $30 billion
Earlier this month, AirTrunk, backed by Blackstone and the Canada Pension Plan Investment Board, 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 over the coming years.The announcement coincided with AirTrunk founder and Chief Executive Officer Robin Khuda’s visit to India, during which he also met PM Modi.
ABB: $75 million
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: Rs 7,000 crore
Last week, CtrlS Datacenters Ltd. entered into a strategic partnership with Canada Pension Plan Investment Board (CPP Investments), under which CPP Investments will commit up to Rs 7,000 crore (C$1 billion) to support the company’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, artificial intelligence applications and India’s expanding digital economy.
Saint-Gobain: €1 billion
Saint-Gobain Chairman and Chief Executive Officer Benoit Bazin last week reaffirmed the company’s commitment to invest an additional EUR 1 billion in India over the next five years, describing the country as its “fastest-growing country around the world.”Speaking to ANI after meeting PM Modi in Paris, Bazin said, “It’s (India) the fastest-growing country around the world, and we are committed to investing another 1 billion euros just in the next five years,” Bazin told ANI.He said India occupies a central place in Saint-Gobain’s global growth strategy and reiterated the company’s commitment to further strengthening its presence in the country.“India is a very important country to Saint-Gobain, and I could highlight all the strengths of our presence and how committed we are in India,” he said.Bazin noted that Saint-Gobain currently operates 82 manufacturing facilities across India and continues to expand investments in research and development, information technology and manufacturing.
Google: $15 billion
Google and Alphabet Chief Executive Officer Sundar Pichai in February spoke of the company’s plans to invest $15 billion in India, which were first announced late last year. Pichai outlined Google’s major investment plans to strengthen the country’s AI infrastructure.He described how Visakhapatnam has now become a key part of Google’s long-term artificial intelligence ambitions.“Now in that same city, Google is establishing a full-stack AI hub, part of our $15 billion infrastructure investment in India. When finished, this hub will house gigawatt-scale computers and a new international subsea cable gateway, bringing jobs and cutting-edge AI to people and businesses across India,” he said.
