New Delhi, June 25: Amazon will invest an additional USD 13 billion in India, taking its planned capital commitment in the country to USD 48 billion between 2026 and 2030, Chief Executive Officer Andy Jassy said on Thursday after meeting Prime Minister Narendra Modi.
The fresh investment underscores Amazon’s long-term commitment to India, which Jassy described as one of the company’s most important growth markets globally.
The announcement comes as global technology firms step up investments in India, attracted by the country’s expanding digital economy, growing consumer base and rising demand for cloud and AI services.
Amazon has invested heavily in India over the past decade, building out logistics networks, technology infrastructure and digital services as it seeks to deepen its presence in one of the world’s fastest-growing major economies.
Jassy affirmed Amazon’s long-term commitment to the country, and said the company’s India business is on a strong growth trajectory with robust customer demand, especially in e-commerce and Amazon Web Services, its cloud computing unit. (PTI)
