Amazon CEO Andy Jassy meets PM Modi; announces plans to invest $48 billion in India by 2030

Short summary

Amazon CEO Andy Jassy announced a $13B additional investment in AI and cloud infrastructure for India by 2030, bringing total planned investment to $21B. The announcement, made during a meeting with PM Narendra Modi, reflects Amazon's strategic commitment to India's growing tech sector. This capital commitment positions Amazon to expand cloud services and enterprise AI capabilities.

• •$13B new investment in AI and cloud infrastructure
• •Total Amazon commitment to India reaches $21B by 2030
• •Strategic expansion of cloud and AI capabilities in Indian market

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