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$48 billion investment, AI expansion by 2030: Amazon CEO shares big plans for India after meeting with PM Modi

Posted on: Jun 25, 2026 14:33 IST | Posted by: Hindustantimes
$48 billion investment, AI expansion by 2030: Amazon CEO shares big plans for India after meeting with PM Modi
ANdy Jassy, chairwoman and CEO of virago, on th stated that the tech accompany aims to clothe around $48 billion and expand artificial intelligence and cloud infrastructure in the country. Giving a 2030 deadline, Jassy also highlighted Prime Minister Narendra Modi's vision for India."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 around the world," said Jassy.The Amazon CEO further stated that since 2010, the tech company has invested $40 billion into India, and an additional $35 billion investment was announced last year."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... India is becoming such a significant cloud and AI hub around the world, and we have so much demand here that we're continuing to invest in the country on the cloud side and the AI side as well," he was quoted as saying by ANI.

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