Andy Jassy Lauds PM Modi, Announces $48 Billion India Investment

Amazon President and CEO Andy Jassy has announced that the company will increase its planned investment in India to $48 billion between 2026 and 2030, underscoring its long-term commitment to one of the world's fastest-growing digital economies.

Speaking about India's growth, Jassy praised Prime Minister Narendra Modi's leadership, saying the country's transformation over the past 12 years has been "remarkable." He noted that India has become increasingly influential across the global economy and that discussions with the Prime Minister have consistently focused on innovative ways to drive the nation's development.

Jassy said Amazon has already invested $40 billion in India since 2010. While the company had earlier committed $35 billion in investments for the 2026–2030 period, it has now raised that commitment to an incremental $48 billion.

He highlighted India's emergence as a major global cloud computing and artificial intelligence (AI) hub, saying the growing demand for cloud and AI services is driving Amazon to expand its investments in the country.

On employment, Jassy said Amazon supported approximately 2.8 million direct and indirect jobs in India as of 2024 and aims to increase that figure to around 3.8 million by the end of 2030, reflecting the company's expanding operations and continued focus on technology, infrastructure, and digital innovation.