Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi on Thursday and announced that the company will invest a total of $48 billion (around ₹4 lakh crore) in India between 2026 and 2030. The announcement highlights Amazon’s long term commitment to expanding its business and technology operations in the country.
"The Prime Minister's vision for the last 12 years is just remarkable. You can see it in the development of the country and how important the country is in almost every aspect around the world," said Jassy.
“We just announced today that we're going to increase that amount from $35 billion to an incremental $48 billion of investment between 2026 and 2030,” said Jassy.
As part of the plan, Amazon will invest an additional $13 billion to strengthen its artificial intelligence (AI) and cloud infrastructure by 2030. This will increase the company’s total investment in AI and cloud services in India to more than $21 billion during the period. The investment will mainly be used to expand Amazon Web Services (AWS) data centres in Mumbai and Hyderabad, providing startups, businesses and government organisations with better access to AI tools, cloud services and advanced technologies.
Speaking after the meeting, Jassy said Amazon remains committed to supporting India’s digital growth and praised Prime Minister Modi’s vision of a developed and self reliant India. He said the company aims to create 3.8 million jobs, enable $80 billion in cumulative e-commerce exports, bring AI benefits to 15 million small businesses, and provide AI education to 4 million government school students by 2030.
"A great meeting with Mr. Andy Jassy. I welcome Amazon's record $48 billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest in India," the Prime Minister posted on X.
With the new announcement, Amazon’s cumulative investment in India from 2010 to 2030 will exceed $88 billion, making India one of the company’s most important global markets for e-commerce, AI and cloud computing.
