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 PM 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. He said Amazon’s India business is seeing strong momentum, driven by robust customer demand across e-commerce and Amazon Web Services (AWS), its cloud-computing division. 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. He also highlighted the growing importance of India, a market where Amazon operates several businesses, including e-commerce, AI, cloud, and entertainment. “A great meeting with Mr. Andy Jassy. I welcome Amazon’s record USD 48 billion investment in India. This will create new opportunities for our youth,” Prime Minister Modi said in a post on X. This also reflects the growing interest across the world to invest in India, he said. Sharing a photo from his meeting with the Prime Minister, Jassy, in a post on X, said he really enjoyed the discussion 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 just getting started...Excited about what’s ahead. Still early days for what we can build,” Jassy said.