Amazon has announced plans to invest $48 billion in India between 2026 and 2030, marking one of the largest investment commitments by a multinational company in the country. The announcement came after Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi on Thursday.
Welcoming the investment, PM Modi said in a post on X, “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 investment will focus on expanding Amazon’s operations across e-commerce, cloud computing, artificial intelligence (AI), logistics and digital services in India over the next five years.
Following the meeting, Jassy highlighted Amazon’s long-term commitment to India and outlined the company’s ambitious plans for the country.
“Really enjoyed my meeting with Prime Minister Narendra Modi about what’s ahead for Amazon in India. We’ve been serving customers, sellers, developers, startups, and enterprises in India for more than a decade and are just getting started,” Jassy said in a post on X.
He revealed that Amazon plans to invest more than $21 billion in AI and cloud infrastructure as part of the overall investment package, strengthening the company’s technological footprint in one of its fastest-growing markets.
By 2030, Amazon aims to support 3.8 million jobs across its ecosystem, facilitate $80 billion in cumulative e-commerce exports, and extend the benefits of AI to 15 million small businesses and 4 million government school students.
Jassy expressed optimism about Amazon’s future in India, saying the company remains excited about the opportunities ahead and is committed to contributing to the country’s growth story in the years to come.
