An empirical economist, author, and columnist, Laveesh is the founder of Indicus Analytics, India’s preeminent analytics company, which was acquired by Nielsen in 2014. He currently serves as the President and Chief Economist at Indicus Foundation and also holds a joint position at the Centre for Social and Economic Progress. Till recently, he held a seat on the Editorial Board at Business Standard and has been a member of RBI’s Steering Committee Overseeing Academic Research.
India is one of the world’s most dynamic economies, due in no small part to the rapid expansion of digital infrastructure across the country. A core component of this infrastructure is the cloud services that make computing resources available on-demand to Indian organisations on a fee-for-service basis. From virtual desktops to hosted applications and databases, many of the apps and tools used in today’s digital economy are hosted in the cloud.
The adoption of cloud services is growing rapidly in India, growing from about 4.6 billion USD in 2021, to 13.5 billion USD by 2025 (IDC, 2022).
Amazon Web Services (AWS) is the leading public cloud service provider in India. It established its first Indian office in 2011 and now operates across the country, with offices in Delhi, Mumbai, Hyderabad, Bengaluru, Pune, Chennai, and Coimbatore. Such is its commitment to the Indian market that two of AWS’ 26 infrastructure regions globally are focused on India. The company reported a 54% percent revenue growth for 2020 and continues to grow at a rapid pace.
AWS allows Indian businesses and public-sector organisations to achieve their goals, gives rise to economic growth, and provides resources that build capacity in India’s digital economy.
In 2021, AWS Cloud Services drive about INR 82,500 Crores (11 billion USD) in turnover and support 1.8 million jobs across India’s formal and informal economy
The higher turnover has more significant economic consequences through the multiplier effect, explained through the diagram given below.
Cloud computing services provide convenient network access to shared computing resources at low costs. Cloud service providers offer their customers computing resources that can be quickly scaled up or scaled-down, depending on customers’ requirements. This flexibility is desirable because it means customers can leverage secure, up-to-date computing resources on demand. They can also redirect capital investment to other projects and avoid delays that could otherwise derail their plans.
At a high level, cloud computing consists of three separate groups of services: infrastructure, platform, and software.
Cloud services are an alternative to direct investments in facilities, computing systems, and staffing, allowing customers to develop technological capabilities in different spheres. There was broad agreement among customers that the key advantages of the cloud include scalability, availability, disaster recovery, automatic backups/upgrades, & simplified system integration.
Jiovio Healthcare, a MedTech company that provides an online platform to improve maternal and child health, achieved multiple such business outcomes. JioVio Healthcare CEO, Senthil Kumar Murugesan, noted that “we chose AWS due to scalability, in line with our plans for expanding in different states.”
AWS users regarded improvements in business planning and flexibility as the primary value proposition of cloud services, remarking on the ease of use of AWS cloud services and the reduced need to have internal resources
ChitMonks, a financial technology company running a blockchain network indicated, “AWS makes it easy with very few prerequisites and helped us with sizing our assets as well. Architecturally the AWS team helped us in deployment. We didn’t require separate resources. AWS manages all of it. With services such as S3 available on AWS, we are not thinking of in-house tools and machines.”
AWS significantly contributed to customers’ key business outcomes, such as new product deployment and dynamic responses to market conditions. In the survey, more than half of AWS customers identified the top four factors that contributed to their market success:
Most AWS survey respondents indicated that AWS facilitates access to or interactions with other entities that positively affect their businesses.
More than three-quarters of surveyed AWS customers agreed that AWS cloud services helped them reach new turnover heights, allowing them to buy new buildings and equipment, hire more people, and develop new products and services for new markets.
The total impact on turnover varied by company size. Impacts ranged from 343,000 USD for small businesses to more than 21 million USD for large ones.
AWS Cloud services created cost savings that helped customers outcompete their rivals.
AWS features like automatic backups have significant cost and operational advantages. ITIC’s 2021 Hourly Cost of Downtime survey indicates that the cost of a single hour of server downtime averages $300,000 or more for 91% of mid-sized enterprises and large enterprises. Nearly half of respondents to that survey said that hourly outage costs exceed $1 million (Information Technology Intelligence Consulting, 2021).
Cost savings vary by size of firms, with small businesses estimating net cost savings of INR 41 Lakhs per year and large businesses estimating annual savings of more than 7.5 Crores.
AWS is a valuable partner in India’s startup ecosystem- the third-largest in the world with more than 61,000 startups and a record number of unicorn startups: over 100.
95% of AWS startup customers reported being aware of AWS’s startup programs, and 90% of those customers had participated in these programs.
Activate is one of AWS’ longest-running programs. Since 2013, Activate has provided start-ups with tools and resources to accelerate business growth on the AWS cloud. This program has facilitated access to special offers and discounts from hundreds of Activate Providers offering accelerator services to early-stage start-ups, opportunities to raise seed and venture capital, and additional support such as co-working space and access to tech transfer and intellectual property experts. Alongside these benefits, Activate matches businesses with mentors and entrepreneurial support organisations to further expand companies’ networks and plug company leaders into a larger, cross-industry, global entrepreneurial community.
Activate has two tiers of support available: Founders and Portfolio. Activate Founders is for self-funded early-stage start-ups that use AWS credits, pre-built infrastructure, templates, and AWS developer support to test and grow solutions in new markets.
Activate Portfolio is for start-ups with current venture capital or incubator and accelerator partners. These more mature start-ups leverage AWS for curated training content, technical assistance, and tailored infrastructure to scale products and services.
Qure.ai is a healthcare start-up that uses AI for medical imaging diagnostics through advanced technology that reads and interprets medical images in less than o1ne minute. When the COVID-19 pandemic hit, the company translated its software capabilities to deliver fast and reliable medical information when it was needed most. Qure.ai improved case triage processes so that patients could be identified in real-time as high, medium, and low risk. Rohit Ghosh, a founding member of the company, credits AWS with the support and scalability needed to react to the changing medical needs and geographic hotspots during the pandemic.
Launched in 2014, MoEngage is an AI-based customer engagement platform that enables large enterprises to send personalised marketing campaigns and engage with over 350 million people in over 35 countries. MoEngage is now a Digital Customer Experience partner in AWS’ Partner Network and continues to innovate on its product through this expansive ecosystem of AWS partners and customers. MoEngage got started on AWS through the Activate programme and, upon contracting with its first customer, was able to go live with its product in less than a week.
Yashwanth Kumar, MoEngage’s CTO, noted that, “this was a fantastic start as we did not have to worry about money or how much infrastructure we were using. We just focused on getting our product to market and designing our solution properly”
SaaS Central complements the Activate programme by focusing on SaaS start-ups. In partnership with Prime Venture Partners and Amazon Internet Services, AWS launched SaaS Central in 2020 with a mission of supporting entrepreneurs within this projected growth opportunity. SaaS Central is a 10-week online programme tailored around SaaS architecture, product management, and go-to-market necessities—such as fundraising and pitch development—to accelerate start-up leaders’ skills, develop demand-driven solutions, and build network connections. To date, SaaS Central has had over 450 applicants and has graduated 32 companies. Looking ahead, AWS expects over 300 applicants in its next round.
To build the pipeline of entrepreneurs, AWS and Campus Fund have invested in the AWS Grand Challenge on university campuses across the country. Over the past 2 years, the Grand Challenge has given student-led start-ups an opportunity to compete for Activate acceptance. Start-ups in the following six categories can compete: Mobility and AutoTech, AgriTech and CleanTech, Robotics, EdTech, FinTech, and Mental Wellness. To date, the Grand Challenge has had nearly 180 applicants, provided mentorship to 30 student entrepreneurs, further supported 10 finalists, and selected six winners.
The Grand Challenge 2021 winners included:

An intelligent platform for neurotechnology applications, with the initial focus on neuropathy

Started with the vision to strengthen the global advanced battery storage raw material supply chain through sustainable and eco-friendly urban mining

A platform that leverages memes to show news about recent events, targeting teenagers and making news fun and accessible
As start-ups grow, AWS managers connect start-ups to enterprises, government entities, and social organisations to implement market solutions and scale products and services. These efforts build on the large ecosystem of organisations within the AWS Partner Network and AWS Marketplace. The APN is a network of 100,000 partners in over 150 countries, who are well positioned to facilitate customers’ transitions to cloud-based operations.
The Marketplace is a highly curated catalogue of business applications, security services, software, and industry-specific solutions that customers can test, purchase, and implement based on their targeted needs.
The AWS Gurukul is a cohort of over 50 AWS partner “mentees” who are trained to provide technical support on issues that arise for their customers as they create and pilot innovative solutions. AWS is helping Partners enhance their conversations with and technical support of their customers through training and one-on-one assistance that is based directly on those partners-customer needs and experiences.
Many of India’s top fortune 500 companies use AWS cloud services. AWS invests time, talent and resources to support cloud-based transformations for India’s large enterprises.
Large enterprise survey respondents were 48% more likely than other respondents to attribute significant contributions to turnover goals to the use of AWS cloud services.
AWS provides large enterprises with a suite of innovative solutions, technical and operational support, and cloud migration programmes that lower the resource commitment needed to leverage the cloud for effective business operations, product development, and deployment.
AWS Enterprise Support is a concierge-like service that provides customers with 24×7 service by engineers and technical experts who consult on a variety of company needs, such as software requirements, automation processes, and third-party operating systems. Customers are provided a technical account manager who advocates for the company’s needs and coordinates with subject matter experts of all AWS-related products and services (AWS, n.d.-d).
AWS Enterprise Solutions is a network of large enterprise peers who have used AWS experts and partners to pursue new revenue opportunities and strengthen operational efficiencies throughout their companies. This programme enables peer-to-peer learning and facilitates a community of practice on topics such as data-driven operations, data security, and workforce upskilling (AWS, n.d.-c).
AWS Migration Acceleration Programme is a cloud migration process that helps large enterprises integrate tools to accelerate operational efficiency while reducing migration cost and risk. Through tailored training, AWS guides companies on how to reduce IT cost, increase staff productivity, and improve business agility through cloud-based tools and employee capacity building. AWS partners with companies such as IBM, Infosys, and Tata Consultancy Services to implement enterprises’ migration process.
AWS Professional Services is a menu of offerings that are tailored to help enterprises meet specific business outcomes. A team of AWS experts employs best practices and documented processes to support enterprise movement on product or service creation, testing, scaling, and optimization. AWS Professional Services also includes specialty tracks for robotics, the internet of things, supply chain sustainability, quantum computing, and many other specialised technology and industry foci.
AWS Solutions Library is a collection of vetted technical solutions in current operation that can be customised and applied to meet enterprises’ needs. These solutions include off-the-shelf applications, products, and tailored tools to solve targeted business challenges. The Solutions Library includes tested industry-specific products such as FinTech identity management applications and life sciences research data management systems, as well as cross-industry technologies such as machine learning and data security and compliance (AWS, n.d.-g).
AWS has collaborated with non-profits, companies, and government entities for nearly two decades in 23 states across India to solve public sector challenges and enhance the transparency and accessibility of citizen services.
AWS’ public-sector efforts support the digital transformation of national-level and local-level governmental entities, helping to scale social initiatives that improve the lives of Indian residents.
AWS actively collaborates with the Ministry of Electronics and Information Technology (MeitY), the ministry responsible for coordinating Prime Minister Modi’s Digital India Initiative, and NITI Aayog, a policy think tank of the Government of India, to transform India into a digitally connected nation.
CSCs are physical facilities that allow for cost-effective, scalable solutions to e-government. AWS is partnering with CSC e-governance services to help make essential services more accessible at the citizen level. A CSC leader noted that scalability was a problem using legacy systems and old data centres. “When concurrent users log on to a system to access content and services, servers were not supporting that activity at scale. That has not been the case since we have been on AWS. We can add more servers as needed based on user demand, and with AWS’ platform, we can now implement scalable solutions.”
NITI Aayog, a policy think tank of the Government of India, AWS, and Intel launched a Frontier Technologies Cloud Innovation Centre (CIC) in October 2020
Among its notable successes, the CIC enabled the design and implementation of the COvAID platform during the COVID-19 Delta variant wave. The COvAID inventory management system tracked and helped route aid from around the world to maximize the use of equipment (such as oxygen cylinders and concentrators, personal protective equipment, and virus testing kits), medicine (including vaccines and COVID medications), and COVID-related monetary resources.
StepOne is a voluntary collective of technology and healthcare professionals that was started in March 2020 to augment government resources in the fight against COVID-19. StepOne hosts its technology on AWS and received AWS credits for free service for several months.
For the last 2 years, the project has undertaken 8.5 million tele-consults through 30,000 volunteers in over 21 states and union territories. Averaging more than 300,000 helpline calls during the second pandemic wave in April and May 2021, the project integrated scalable technology solutions through AWS to meet the staggering demand. AWS’ ML capabilities further enabled StepOne staff to view real-time trends from helpline data to ensure that additional services such as grief counselling and childcare were automatically implemented based on specific needs.
SatSure leverages remote sensing satellite data in combination with ML technology to provide real-time insights and analytics related to agriculture, climate change, and finance. SatSure equips farmers with information that helps them adapt and adjust practices to reduce potential losses. Since satellite imagery is the primary input for SatSure’s solutions, using the Registry of Open Data on AWS reduces transaction cost and time.
“When we started investing in IoT data, we did not have to build the pipeline from scratch. Our services achieved platform continuity much faster because of micro-services such AWS Kinesis. On AWS S3, all the publicly available satellite data refreshed regularly. If the satellite passes once in 10 days anywhere in the world, then the 10-day frequency of the global data is available with AWS. It is a big cost-saver.’’
Cloud computing, cybersecurity and other digital skills are in high demand by Indian employers and will continue to grow as the COVID-19 pandemic and recovery accelerate the pace of digital adoption.
In 2021, job openings for cloud computing increased more than threefold, driven by corporate shifts to cloud-based operations, which have been accelerated by the pandemic.
AWS workforce development programs are an integral part of national talent development activities to upskill the current workforce and train the next generation of tech professionals by increasing access to training opportunities and fostering direct employer connections.
AWS Educate is a free, self-paced program to learn cloud basics and gain skills that translate to future education and professional opportunities. Alongside individual learners, this programme has been used globally by over 10,000 teachers and hundreds of thousands of students. The program allows learners to explore, search for, and apply to in-demand jobs and internships with organisations all over the world.
AWS supports the goal of developing students’ skills in cloud computing and ML through the recently launched AWS DeepRacer Student League 2022. Undertaken in collaboration with Intel, the Ministry of Education and the AICTE, the league aims to reinforce new skills and learning using a game-based approach.
AWS Academy provides a suite of online trainings for post-secondary students interested in entry-level careers in cloud computing. The AWS Academy program began in India in 2017 and is implemented through higher education institutions in 23 states. AWS Academy implements an educator (or train-the-trainer) model and has a technical team to support curriculum implementation. Through this cadre of trained educators, the program has reached tens of thousands of students.
Alongside the student-focused activities, an Educator Network has organically grown out of the faculty network trained in the curriculum. This group of professionals connects regularly to solve problems, share ideas, provide feedback to AWS on Academy-related curriculum updates, and recommend new topics for their students.
AWS also supports early- to mid-career professionals in developing and deepening digital skills. The AWS Training and Certifications programme comprises over 500 free, on-demand courses, interactive labs, and live training classes. Individuals can pursue training guided by their current or desired roles—such as web development—or by the solutions they want to implement—such as data security.
In addition to self-paced training options, AWS re/Start is a 12-week, free skills development programme to prepare trainees for cloud careers. Re/Start is currently implemented in over 25 cities across 12 countries, building a workforce pipeline for low-income individuals interested in entering technology fields.
To specifically support women’s career opportunities, AWS partnered with the Dream Collective to launch SheDares in India in February 2022. This self-paced, online programme provides interactive courses to help those with non-tech backgrounds pivot to a tech-centred career (The Dream Collective, 2022). This programme has reached women entering the technology field for the first time or re-entering after a career gap, providing training plus community support, mentorship, and job opportunities.
Reserve Bank of India. (2022). KLEMS Database from Reserve Bank of India.