Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi on Thursday and announced a massive investment plan of USD 48 billion in India by 2030, strengthening the company’s long-term commitment to its operations in the country.
Jassy said Amazon will invest an additional USD 13 billion to expand artificial intelligence (AI) and cloud infrastructure, taking its total planned investment in AI and cloud capabilities to over USD 21 billion between 2026 and 2030.
He said the investment will expand Amazon Web Services (AWS) data centre capacity in Mumbai and Hyderabad, enabling startups, enterprises and government organisations to access advanced AI chips, managed AI services, secure cloud infrastructure and developer tools.
According to the company, the cumulative investment will make Amazon one of the largest global investors in AI and cloud infrastructure in India. Its overall investment in the country between 2010 and 2030 is expected to exceed USD 88 billion.
On his social media handle, Jassy said Amazon has been serving Indian customers, sellers, developers and enterprises for over a decade and is still in the early stages of its expansion.
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He said the company plans to support 3.8 million jobs, enable USD 80 billion in ecommerce exports, and extend AI benefits to 15 million small businesses and 4 million government school students by 2030.
Prime Minister Modi, in a post on social media, welcomed the announcement, saying the investment would create new opportunities for India’s youth and reflected growing global interest in investing in the country.
“A great meeting with Mr Andy Jassy. I welcome Amazon's record $48 billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest in India!” Modi said.
Amazon said its India business continues to show strong growth, particularly in ecommerce and AWS segments. Since its launch in India, the company has digitised 12 million small businesses, enabled over USD 20 billion in cumulative ecommerce exports, and supported 2.8 million jobs.
The company has also trained more than 10 million people in cloud skills as part of its digital skilling initiatives.
The latest investment announcement reinforces Amazon’s focus on AI-led digitisation, export growth and job creation in India, aligning with government priorities to boost digital infrastructure and innovation.
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