Prior to this, Amazon had invested about $214 million (INR 1,381 crore) in its India data services unit.
Tech giant Amazon is strengthening its data centre business in India by reinforcing Amazon Data Services India (ADSI) with an INR 1,380 crore ($198.2 million) investment, according to documents seen by business intelligence platform Paper.vc.
Amazon’s investment in its data centre services comes at a time when the Indian government has been taking a tough stand on data localisation and urging international companies to move their data centres to India.
Journey so far
Incorporated in India in 2016, Amazon Data Services provides data storage, data protection solutions and operations that pertain to computer hardware and software that deal with data storage.
According to an ET report, this deal will not only help the company strengthen its data centre infrastructure in the country but it will also help it compete against the growing popularity of Alibaba Cloud in the Asia-Pacific region including India.
Prior to this, Amazon had invested about $214 million (INR 1,381 crore) in its data services unit, Amazon Data Services India in 2016.