New Delhi, June 25 (IANS) As geopolitical tensions, trade disruptions and economic uncertainty continue to weigh on several global markets, India is increasingly emerging as a preferred investment destination for multinational corporations. From technology and cloud infrastructure to manufacturing, industrial automation and data centres, several global companies have announced large investment commitments in India in recent months, underlining confidence in the country’s long-term growth prospec…
Latest Andy Jassy News & Updates
New Delhi, June 25 (IANS) Prime Minister Narendra Modi on Thursday welcomed Amazon’s record $48 billion investment in India, saying that this investment will create new opportunities for youth in the country.Amazon has announced a total investment of $48 billion to expand and support its businesses in India from 2026 to 2030, after its CEO, Andy Jassy, met PM Modi in the national capital.“A great meeting with Mr. Andy Jassy. I welcome Amazon’s record $48 billion investment in India. This will …
New Delhi, June 25 (IANS) US e-commerce giant Amazon on Thursday announced to invest a total of $48 billion to expand and support its businesses in India from 2026-2030, as its CEO Andy Jassy met Prime Minister Narendra Modi here.Jassy reiterated Amazon’s long-term commitment to India and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in the country by 2030.This takes Amazon’s total planned investment in expanding and supporting AI and cloud infrastruct…
Mumbai, June 24 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Wednesday met the Amazon Chief Executive Officer (CEO) Andy Jassy and said that they discussed on how Maharashtra is India’s technology capital and Amazon is the integral partner in the state’s digital transformation journey. “It was a great pleasure to meet and welcome the CEO of Amazon in Mumbai today. I re-appreciated how Amazon chose Mumbai for its first Indian cloud infrastructure region back in June 2016. Since then Mah…
Mumbai, June 24 (IANS) India has emerged as a key market for Amazon’s expanding quick-commerce ambitions, with the company’s ‘Amazon Now’ service becoming its fastest-growing ecommerce business unit in the country, Amazon CEO Andy Jassy said on Wednesday.Sharing his experiences after visiting an Amazon Now micro-fulfillment center in one of Mumbai’s busiest neighbourhoods, Jassy said the service is witnessing exceptional growth as customers increasingly opt for deliveries within minute…
New Delhi, Feb 28 (IANS) Fears that artificial intelligence could lead to massive job losses may be exaggerated, according to Amazon CEO Andy Jassy.Speaking in a media interview, Jassy said AI is more likely to reshape the nature of work rather than completely eliminate employment opportunities.Jassy acknowledged that many roles which have relied heavily on human labour for the past two to three decades may require fewer people in the future. However, he stressed that this does not mean jobs wil…
New Delhi, Jan 28 (IANS) An internal Amazon Web Services (AWS) email, seemingly sent by mistake referencing “organizational changes,” heightened speculation that US tech giant Amazon may announce another round of layoffs, though employees were already expecting one despite no official announcement.The message, sent by Colleen Aubrey, senior vice president of applied AI solutions at Amazon Web Services (AWS), acknowledged that “changes like this are hard on everyone” and said they were in…