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PM Modi welcomes Amazon's record $48 billion India investment after Jassy meeting

Amazon CEO Andy Jassy said the company will invest $48 billion in India by 2030 for AI and cloud expansion after meeting Prime Minister Narendra Modi in New Delhi.

By Sarwesh Sri Bardhan

Jun 25, 2026 17:37 IST

Amazon chief executive Andy Jassy on Thursday announced that the company will invest $48 billion in India between 2026 and 2030, as the US e-commerce and cloud giant deepens its footprint in one of its fastest-growing markets.

The announcement came after Jassy met Prime Minister Narendra Modi in New Delhi, with the company saying the fresh capital will support expansion across e-commerce, artificial intelligence, and cloud infrastructure. Amazon also said it plans to add another $13 billion specifically for AI and cloud systems by 2030, taking its total planned AI and cloud investment to over $21 billion in that period.

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Jassy explains the investment rationale

Jassy framed the move as a response to both business demand and India’s broader economic direction.

“The Prime Minister's vision for the last 12 years is just remarkable. You can see it in the development of the country and how important the country is in almost every aspect of the world,” he said, per Hindustan Times.

He also said, “We just announced today that we're going to increase that amount from $35 billion to an incremental $48 billion of investment between 2026 and 2030,” referring to an earlier commitment made last year. Jassy reiterated Amazon’s long-term commitment to India and said the investment would expand AI and cloud infrastructure in the country.

Modi welcomes the investment as AWS expands

Prime Minister Modi welcomed the announcement on X, calling it a “great meeting” and saying he welcomed Amazon’s “record $48 billion investment in India.” Modi added that the investment would create new opportunities for young people and show “the growing interest across the world in investing in India.”

Amazon, in a statement, said the investment would expand AWS data center capacity in Mumbai and Hyderabad, giving startups, enterprises, and government organizations access to AI chips, managed AI services, cloud technologies, and developer tools.

The company pointed out India is becoming “such a significant cloud and AI hub around the world” and said it is continuing to invest in both the cloud and AI sides because of strong demand in the country.

Amazon outlines its wider India roadmap

Amazon said its cumulative investments in India from 2010 to 2030 will stand at over $88 billion.

The company also said that since launching in India, it has digitized 12 million small businesses, enabled over $20 billion in cumulative e-commerce exports, and supported 2.8 million jobs. In addition, Amazon said it has trained over 10 million Indians on cloud skills.

In line with government priorities, the company said it has pledged to support 3.8 million jobs, enable $80 billion in cumulative exports, bring AI benefits to 15 million small businesses, and provide AI education to 4 million government school students by 2030.

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FAQs

Q1: Why is Amazon investing $48 billion in India?

Ans: Amazon says the investment will expand its AI, cloud infrastructure, ecommerce operations and digital services in India by 2030.

Q2: What did Amazon CEO Andy Jassy discuss with Prime Minister Narendra Modi?

Ans: Andy Jassy discussed Amazon's long-term investment plans in India, including AI, cloud infrastructure and digital growth initiatives.

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