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Business News Today: Latest Business News, Finance News

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Amazon chief meets PM Modi, plans $13-billion investment ...
Meenakshi Verma Ambwani · 2026-06-25 · via Business News Today: Latest Business News, Finance News
Prime Minister Narendra Modi meets CEO of Amazon Andy Jassy, on Thursday.

Prime Minister Narendra Modi meets CEO of Amazon Andy Jassy, on Thursday. | Photo Credit: ANI

Amazon CEO Andy Jassy, who is on an India visit, met Prime Minister Narendra Modi on Thursday in New Delhi. Reiterating Amazon’s long-term commitment to India, he also announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in the country by 2030, taking total investments planned in India to $48 billion.

In a statement, Andy Jassy, CEO, Amazon said: “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. As we grow Amazon in India, our business priorities continue to align with India’s priorities of democratising access to AI, digitising small businesses, creating jobs, and enabling exports. We are investing over $48 billion in the coming five years to meet strong demand across our business in India and to help the country achieve these priorities.”

“We are inspired by Prime Minister Modi’s vision of a Viksit and Atmanirbhar Bharat, and we are committed to being a long-term partner in India’s growth story.”

Amazon’s said with this its total investment in expanding and supporting AI and cloud infrastructure alone will be over $21 billion between 2026 and 2030, establishing it as one of the largest global AI and cloud infrastructure investors in the country,” he added.

The latest announcement takes Amazon’s total planned investment in expanding and supporting AI and cloud infrastructure to over $21 billion between 2026 and 2030, establishing it as one of the largest global AI and cloud infrastructure investors in the country. “The investment will expand the AWS data centre capacity in Mumbai and Hyderabad, giving start-ups, enterprises and government organisations access to custom AI chips, managed AI services, secure and reliable cloud technologies and developer tools to innovate faster, scale rapidly, and serve customers globally,” the company said in a statement.

The company added that it will continue investing in the operations network powering its e-commerce and quick commerce business. Amazon plans to launch more than 20 new fulfilment centers and over 100 new last mile delivery stations this year to deepen focus, especially in tier-3 and 4 cities.

In a post on X, Jassy said, “Really enjoyed my meeting with Prime Minister @narendramodi about what’s ahead for Amazon in India. We’ve been serving customers, sellers, developers, start-ups, and enterprises in India for more than a decade and just getting started. Shared that we’re investing $48 billion over the coming five years, including $21+ billion in AI and cloud infrastructure”

“By 2030, we plan to support 3.8 million jobs, enable $80 billion in ecomm exports, and bring benefits of AI to 15 million small businesses and 4 million government school students,” he added

Amazon said that it will continue its focus on AI-led digitisation, export growth, and job creation. The company has pledged to support 3.8 million jobs, $80 billion in cumulative exports, enabling AI benefits for 15 million small businesses, and AI education for 4 million government school students.”

Published on June 25, 2026