HomeNewsTechnologyCEO Andy Jassy confirms Amazon's $15 billion investment pledge for India

CEO Andy Jassy confirms Amazon's $15 billion investment pledge for India

This announcement follows Amazon's cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.

June 26, 2023 / 07:24 IST
Story continues below Advertisement
On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple's Tim Cook, Google's Pichai and Microsoft's Satya Nadella and appealed to global companies to "Make in India".
Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitization, and empowering individuals and small businesses to compete globally, an Amazon blog post said.

During a meeting with Prime Minister Narendra Modi, Amazon.com Inc's CEO Andy Jassy conveyed the company's plans to invest an extra $15 billion in India.

The investment will take the e-commerce giant's total India investment across all businesses to $26 billion by 2030, he said.

Story continues below Advertisement

Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitization, and empowering individuals and small businesses to compete globally, an Amazon blog post said.

This announcement follows Amazon's cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.