PM Modi Meets Amazon CEO Andy Jassy, Tech Giant To Invest $48 Billion In India By 2030

Last Updated:June 25, 2026, 14:50 IST

Following his meeting with Prime Minister Modi, Jassy praised India's digital transformation and economic growth over the past decade.

Global e-commerce and technology giant Amazon on Thursday announced that it will invest $48 billion in India between 2026 and 2030, significantly increasing its commitment to one of its fastest-growing markets.

The announcement was made by Amazon CEO Andy Jassy after a meeting with Prime Minister Narendra Modi in New Delhi, where the two discussed the company’s future plans and India’s growing role in the global digital economy.

The latest commitment includes an additional $13 billion investment focused on expanding artificial intelligence and cloud infrastructure, taking Amazon’s planned investment in India from $35 billion to $48 billion over the next five years.

“We’ve invested $40 billion in India since 2010. At the end of last year, we announced that we were going to invest another $35 billion in India between 2026 and 2030. Today, we’re increasing that amount to an incremental $48 billion," Jassy said.

A major share of the new investment will be directed towards Amazon Web Services (AWS), with plans to expand data centre capacity in Mumbai and Hyderabad. The company said India is rapidly emerging as a global hub for cloud computing and artificial intelligence.

“The incremental $13 billion we announced today is focused on cloud and AI. India is becoming such a significant cloud and AI hub around the world, and we have so much demand here that we’re continuing to invest," Jassy said.

The investment will take Amazon’s total planned spending on AI and cloud infrastructure in India to more than $21 billion by 2030.

Amazon also outlined a series of long-term goals linked to the investment. The company aims to support 3.8 million direct and indirect jobs in India by 2030, up from 2.8 million jobs supported in 2024.

In addition, it plans to enable $80 billion in cumulative e-commerce exports, extend AI-powered tools and services to 15 million small businesses, and provide AI education opportunities to around 4 million government school students.

Following his meeting with Prime Minister Modi, Jassy praised India’s digital transformation and economic growth over the past decade.

“Prime Minister Modi’s vision over the last 12 years is remarkable. You can see it in the development of the country and how important India has become around the world," he said.

In a post on X, Jassy reiterated Amazon’s long-term commitment to India, describing the country as a critical market for the company’s future growth across e-commerce, cloud computing, artificial intelligence and digital services.

With the latest announcement, Amazon’s cumulative investments in India between 2010 and 2030 will exceed $88 billion, underscoring the company’s confidence in the country’s expanding digital economy and AI-driven future.

About the Author

Shobhit Gupta

Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degre...Read More

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