Amazon announces $48 billion investment in India by 2030

Amazon will invest an additional $48 billion in India between 2026 and 2030, the company’s CEO Andy Jassy announced on Thursday after a meeting with Prime Minister Narendra Modi in New Delhi. The announcement significantly increases the company’s previous five-year commitment of $35 billion, bringing Amazon’s total investment in India from 2010 through 2030 to over $88 billion.

A substantial portion of the new funding, an incremental $13 billion announced Thursday, will be directed toward expanding artificial intelligence and cloud computing infrastructure. This brings Amazon’s total planned investment in AI and cloud infrastructure in India over the next five years to more than $21 billion. The investment will be used to expand Amazon Web Services data center capacity in Mumbai and Hyderabad, providing businesses, startups, and government organizations with greater access to advanced cloud services and AI tools.

Jassy said the enhanced investment reflects surging demand for digital services and India’s growing role as a global technology hub. He described India as still being in the “early days” of its digital potential. Following the meeting, Prime Minister Modi welcomed the...