Thursday, July 16, 2026
39.3 C
New Delhi

What Did Amazon CEO Andy Jassy Tell PM Modi? Details Of Record $48 Billion Investment Revealed

Show Quick Read

Key points generated by AI, verified by newsroom

  • PM Modi welcomed investment, expecting jobs, exports, skill development.

Amazon has announced a massive expansion of its India investment plans, committing an additional $13 billion towards artificial intelligence and cloud infrastructure by 2030, taking its total planned investment in the country to $48 billion between 2026 and 2030.

Amazon Chief Executive Officer Andy Jassy met Prime Minister Narendra Modi in New Delhi on Thursday and reiterated the company’s long-term commitment to India, reported PTI. The fresh investment will strengthen Amazon’s artificial intelligence, cloud computing, e-commerce and logistics operations across the country.

The latest announcement also pushes Amazon’s cumulative investments in India between 2010 and 2030 to more than $88 billion, underscoring the country’s growing importance in the global technology and digital economy landscape.

AI And Cloud Investments Receive Major Boost

Amazon said the additional $13 billion investment will be directed towards expanding artificial intelligence and cloud infrastructure in India by 2030. The company stated that the investment will increase Amazon Web Services data centre capacity in Mumbai and Hyderabad.

The move will take Amazon’s total planned investment in AI and cloud infrastructure in India to more than $21 billion between 2026 and 2030. The company said this makes Amazon one of the largest global investors in AI and cloud infrastructure in the country.

The expanded infrastructure is expected to provide startups, enterprises and government organisations with access to custom AI chips, managed AI services, cloud technologies and developer tools aimed at accelerating innovation and supporting business growth.

Also Read: EPFO’s 3-Day System Upgrade Begins June 26: Check Services That Will Be Hit

Amazon Raises India Investment Commitment

Amazon had earlier pledged investments exceeding $35 billion in India by 2030. The new commitment increases the company’s planned investment in India to $48 billion during the 2026-2030 period.

The company said cumulative investments made between 2010 and 2030 will now exceed $88 billion. Amazon added that the investments are intended to meet rising demand across its e-commerce, cloud computing and artificial intelligence businesses.

Apart from technology investments, the company also announced plans to open more than 20 new fulfilment centres and over 100 delivery stations across India during the current year.

Modi Welcomes Record Investment

Prime Minister Narendra Modi welcomed Amazon’s investment plans and said the move would create fresh opportunities for young people in the country.

“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,” Modi said in a post on X.

The Prime Minister’s remarks came after his meeting with Jassy in New Delhi, where the Amazon chief discussed the company’s future plans and its commitment to supporting India’s growth story.

Jassy Reaffirms Long-Term Commitment To India

Jassy said Amazon has witnessed strong growth in India across its e-commerce, artificial intelligence and cloud businesses since entering the market more than a decade ago.

“We came to India over a decade ago and have since been serving customers, sellers, developers, start-ups and enterprises through our different businesses. The response has been tremendous, with strong growth especially across our ecommerce, AI, and cloud businesses,” he said.

Jassy said Amazon’s planned investments are aligned with the government’s vision of a developed and self-reliant India. He added that the company remains committed to being a long-term partner in the country’s growth journey.

Also Read: From Andhra Pradesh To Singapore: Banganapalle Mangoes Set Sail In Export First

Focus On Jobs, Exports And Digital Skills

Amazon said it has digitised 12 million small businesses in India and enabled more than $20 billion in cumulative e-commerce exports.

The company stated that it has supported 2.8 million jobs and trained over 10 million Indians in cloud skills. Going forward, Amazon said it aims to support 3.8 million jobs and facilitate $80 billion in cumulative exports.

The company also pledged to extend the benefits of artificial intelligence to 15 million small businesses and provide AI education to 4 million government school students as part of its broader focus on digitisation, job creation and skill development.

Go to Source

Hot this week

Meet Marvin Minsky: MIT professor who predicted today’s Anthropic-style multi-agent AI nearly 40 years ago and became the founding father of artificial intelligence

Long before AI companies began building teams of specialised AI agents that collaborate to solve complex problems, legendary MIT professor Marvin Minsky had already proposed a strikingly similar way intelligence works. Read More

Nasa warns: Many US coastal cities could go underwater by 2050

Life along the American coastline has always involved living with changing tides, storms and shifting shorelines. Read More

At least 500 Rohingya feared dead after two boats capsize in Bay of Bengal

According to a statement from United Nations High Commissioner for Refugees, the two boats had left Myanmar’s Rakhine state in late June carrying mostly Rohingya passengers. Read More

SC to hear plea against Orissa HC stay on ‘Mahaprabhu Jagannath’ film

The animated film was originally scheduled to release on July 10, just days before the annual Rath Yatra festival. Read More

‘This isn’t a paper leak—it’s theft’: Rahul Gandhi ahead of Dehradun leg of ‘Chhatron Ki Goonj’ on July 17

Rahul Gandhi to visit Dehradun (X) NEW DELHI: Lok Sabha Leader of Opposition Rahul Gandhi, ahead of the Dehradun leg of the Congress’ ‘Chhatron Ki Goonj’ campaign on July 17, said Uttarakhand has become the “ Read More

Topics

Meet Marvin Minsky: MIT professor who predicted today’s Anthropic-style multi-agent AI nearly 40 years ago and became the founding father of artificial intelligence

Long before AI companies began building teams of specialised AI agents that collaborate to solve complex problems, legendary MIT professor Marvin Minsky had already proposed a strikingly similar way intelligence works. Read More

Nasa warns: Many US coastal cities could go underwater by 2050

Life along the American coastline has always involved living with changing tides, storms and shifting shorelines. Read More

At least 500 Rohingya feared dead after two boats capsize in Bay of Bengal

According to a statement from United Nations High Commissioner for Refugees, the two boats had left Myanmar’s Rakhine state in late June carrying mostly Rohingya passengers. Read More

SC to hear plea against Orissa HC stay on ‘Mahaprabhu Jagannath’ film

The animated film was originally scheduled to release on July 10, just days before the annual Rath Yatra festival. Read More

‘This isn’t a paper leak—it’s theft’: Rahul Gandhi ahead of Dehradun leg of ‘Chhatron Ki Goonj’ on July 17

Rahul Gandhi to visit Dehradun (X) NEW DELHI: Lok Sabha Leader of Opposition Rahul Gandhi, ahead of the Dehradun leg of the Congress’ ‘Chhatron Ki Goonj’ campaign on July 17, said Uttarakhand has become the “ Read More

Prince William and Prince Harry did not meet during the latter’s UK visit

Prince Harry and Prince William did not reunite last week during the UK visit. Read More

‘Jana Nayagan’ effect, GV Prakash pushes ‘Immortal’ to September 4

With Tamil Nadu Chief Minister Vijay starrer ‘Jana Nayagan’ slated to dominate theatres, actor-composer GV Prakash Kumar has decided to push the release of his upcoming film ‘Immortal. Read More

‘Ramayana’ 34-min footage gets ‘MATURE’ rating in Australia

As anticipation builds for the ‘Ramayana’ trailer release, the upcoming mythological epic has received its first international classification. Read More

Related Articles