Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi and announced a $48 billion investment plan in India from 2026 to 2030. This includes a new $13 billion allocation to expand AI and cloud infrastructure across the country, adding to the $35 billion previously committed. The total investment aims to strengthen Amazon's presence and technology capabilities in India, the company confirmed on social media.
The announcement came during a high-profile meeting between Jassy and Modi on Thursday, where the Amazon CEO reiterated the company's long-term commitment to the Indian market. Jassy detailed that $21 billion of the total $48 billion investment would be directed specifically toward AI and cloud infrastructure development. This expansion is part of Amazon's broader strategy to enhance its technological footprint and service offerings in India over the next five years.
Amazon's investment plan arrives amid growing competition in India's e-commerce and cloud sectors, where companies are increasingly focusing on AI-driven solutions. The $48 billion commitment surpasses many previous investments by global tech firms in India, signaling Amazon's intent to deepen its market share. This move aligns with India's push to become a global hub for technology innovation and digital infrastructure, with other major players also ramping up their investments.
The expanded investment plan was publicly shared by Andy Jassy on the social media platform X on June 25, 2026. The $48 billion total includes $21 billion earmarked for AI and cloud infrastructure, marking a significant increase in Amazon's capital deployment in India over the next five years.