Prime Minister Narendra Modi expressed his appreciation for Amazon’s significant $48 billion investment in India, emphasizing the potential it holds for creating new opportunities for the country’s youth. This investment, announced by Amazon, is slated for expansion and support of its Indian operations from 2026 to 2030, following a meeting between CEO Andy Jassy and PM Modi in the national capital.
PM Modi, in response to the investment, highlighted the positive implications it would have for the youth of India and the broader interest it signifies in investing in the country on a global scale. Andy Jassy, CEO of Amazon, reaffirmed the company’s enduring commitment to India and revealed plans to inject an additional $13 billion towards bolstering AI and cloud infrastructure by 2030.
Amazon’s strategic move involves a total investment of over $48 billion in the next five years to cater to the escalating demand across its various business verticals in India. Jassy emphasized the company’s alignment with PM Modi’s vision of a self-reliant and developed India, positioning Amazon as a steadfast partner in the nation’s growth trajectory.
Expressing gratitude towards PM Modi’s leadership, Jassy underscored India’s increasing significance for Amazon, with thriving operations spanning e-commerce, AI, cloud services, and entertainment. The company’s business in India is witnessing robust growth, particularly in e-commerce and AWS services, reflecting strong customer demand and a promising outlook for future expansion.
