Amazon, which offers cloud services under Amazon Web Services (AWS), is looking to aggressively expand its foothold in the Indian market, which has players like Google and IBM also offering similar services.
Speaking at a FICCI event, Amazon founder and chief Jeff Bezos said the AWS business has grown incredibly fast.
"We are always evaluating new locations. We have AWS. We started it long time ago and it has grown into a very large business, separate from our consumer business... We are building new data centres and are looking where we should put them and evaluating these in India as well," Bezos said.
Bezos said the pace at which Internet penetration is increasing in India is stunning and that is one of the tailwinds for the growth of e-commerce.
More From This Section
"India is unbelievably energising; the people are focused on learning and extremely inventive," he added.
For Amazon, which launched its marketplace in India last year, India is one of its fastest growing markets and is on track to touch USD 1 billion in gross sales.
He added an outreach programme is currently being run in India to train SMEs on how to use tools, techniques and processes that are available through Internet for promoting and expanding their businesses.
"Indian SMEs can reach out to the global audience and consumers across the globe with the application of right technology and right logistics planning," he said.
He added that the company will upgrade logistics services and develop mobile platform and new tools and techniques to help small and medium businesses grow further.
While the market currently is pegged at about USD 2.3 billion, a report by consulting firm Technopak expects the figure to touch USD 32 billion by 2020.