Global tech companies from Apple Inc. to Netflix Inc. are expanding in the world’s most populous country with services such as video streaming and online retailing, while Wall Street banks and global insurers have long operated tech centers in the country. Such businesses are accelerating the growth of India’s cloud-services market, which researcher IDC sees growing at an average rate of 23% a year to reach US$13 billion in 2026.
To fuel its web services business, Amazon said it has trained more than 4 million people in India with cloud skills since 2017 and invested in six utility-scale renewable energy projects.
