Amazon Chief Executive Officer (CEO) Andy Jassy met Prime Minister Narendra Modi in India on Thursday and announced plans to invest $48 billion in the country between 2026 and 2030. The investment includes an additional $13 billion earmarked for expanding artificial intelligence (AI) and cloud infrastructure in India by 2030.
The announcement comes within six months of Amazon committing $35 billion in new investments in India.
The company said the plan reflects its long-term commitment to India’s digital and technology ecosystem.
1 June 2026
Get the latest issue of Outlook Business
Note: This is a developing story and will be updated with further details.
