Prime Minister Narendra Modi welcomed Amazon’s USD 48 billion investment in India, stating that the commitment reflects global confidence in the country’s investment potential and will create new opportunities for India’s youth.

 Prime Minister Modi met Amazon President and CEO Andy Jassy in New Delhi, where they discussed and unveiled plans to invest USD 48 billion in India between 2026 and 2030, from an earlier commitment of USD 35 billion.

More than USD 21 billion of the planned investment will be directed towards expanding artificial intelligence and cloud infrastructure, including Amazon Web Services (AWS) data centre capabilities in Mumbai and Hyderabad. The company increased its AI and cloud commitment by an additional USD 13 billion to meet rising demand for digital services.

Andy Jassy said Amazon plans to support 3.8 million direct and indirect jobs in India by 2030, from 2.8 million in 2024. Amazon aims to support USD 80 billion in e-commerce exports from India by 2030, extend AI capabilities to 15 million small businesses, and provide AI education to 4 million government school students.

Jassy described India’s rapid transformation under Prime Minister Modi’s leadership as remarkable, adding that the country’s expanding digital economy and innovation ecosystem continue to strengthen Amazon’s long-term commitment to India.

With the latest announcement, Amazon’s cumulative investment in India between 2010 and 2030 will exceed USD 88 billion, spanning e-commerce, quick commerce, cloud computing, artificial intelligence, and digital infrastructure.