Amazon CEO Meets PM Modi, Announces $48B India Investment

Amazon will invest $48 billion in India between 2026 and 2030, raising its earlier commitment and placing cloud computing and artificial intelligence at the centre of its next phase of expansion in the country. The announcement followed a meeting in New Delhi between Prime Minister Narendra Modi and Amazon Chief Executive Officer Andy Jassy.

PM Modi welcomed the investment, calling it a sign of India’s growing appeal among global investors. The commitment is one of Amazon’s largest country-specific investment plans and comes as India’s digital economy, cloud demand, online commerce and AI adoption continue to expand across businesses and public services.

Amazon India investment rises from $35 billion to $48 billion

Amazon had earlier announced a $35 billion investment plan for India for the 2026-2030 period. Jassy said the company was now increasing that amount to an incremental $48 billion. Amazon has already invested $40 billion in India since 2010, taking its cumulative commitment for the 2010-2030 period to more than $88 billion.

“A great meeting with Mr. Andy Jassy. I welcome Amazon's record $48 billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest in India,” Modi said in a post on X after the meeting.

A great meeting with Mr. Andy Jassy. I welcome Amazons record billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest in India!@amazon https://t.co/emr6Dd9Cps

— Narendra Modi (@narendramodi) June 25, 2026

Jassy said Amazon had been serving customers, sellers, developers, startups and enterprises in India for more than a decade. He added that the company was “just getting started” in the country, pointing to new spending across e-commerce, cloud infrastructure, AI and wider digital services.

The additional commitment includes more than $21 billion for AI and cloud infrastructure over the five-year period. A large part of the newly announced increase, about $13 billion, is focused on cloud and AI, rather than the marketplace business alone.

Why cloud and AI are central to Amazon’s India plan

Amazon Web Services is expected to be a major beneficiary of the fresh capital allocation. The company plans to expand its data centre capacities in Mumbai and Hyderabad, two key locations in India’s cloud infrastructure network. These facilities support enterprises, startups, developers and public sector digital systems that use cloud-based computing.

Jassy said India was becoming an important global hub for cloud and AI. “A fair amount of our investment is in our marketplace business, but the incremental USD 13 billion we announced today is focused on cloud and AI,” he said. He added that demand in India had encouraged Amazon to keep investing on both fronts.

The investment comes at a time when Indian businesses are moving more workloads to the cloud. Banks, retail firms, logistics companies, edtech platforms, government systems and fast-growing startups increasingly rely on cloud infrastructure for storage, computing power, analytics, cybersecurity and customer-facing digital products.

AI has added another layer to this demand. Companies are testing generative AI tools, automation, language models, computer vision systems and data-led decision-making. For cloud providers, India offers a large market where AI adoption is still in an early but fast-moving phase.

Jobs, exports and small businesses in focus

Amazon said its India plans would support 3.8 million direct and indirect jobs by 2030. The company’s employment ecosystem was estimated at 2.8 million jobs in 2024. These figures typically include roles connected to logistics, delivery, warehousing, seller services, cloud operations, technology teams and wider partner networks.

The company has also set a target of enabling $80 billion in cumulative e-commerce exports by 2030. This is significant for Indian sellers that use online marketplaces to reach customers outside the country. Small manufacturers, direct-to-consumer brands, handicraft sellers and local exporters could benefit if export onboarding, logistics and compliance support improve.

Another target is to bring AI-related benefits to 15 million small businesses. While details of the programmes were not fully outlined in the announcement, such efforts could include digital tools for inventory, customer service, advertising, catalogue creation, analytics and online selling support.

Amazon also said it plans to introduce AI education to 4 million government school students. If implemented at scale, this could support digital learning and early exposure to emerging technologies. The impact will depend on curriculum design, teacher training, access to devices and the quality of learning support.

Jassy praised India’s development trajectory after his meeting with Modi. “Prime Minister's vision over the last 12 years is just remarkable,” he said, adding that India had become important across several areas globally. He also said Modi had “so many ideas” for improving the country further.

For India, the announcement strengthens the government’s pitch that large global technology companies see the country as a long-term market and production base. It also aligns with wider policy goals around digital infrastructure, exports, skilling, startup growth and AI adoption.

For Amazon, the investment signals that India remains central to its global growth plans despite intense competition in e-commerce and cloud services. The company will have to execute across infrastructure, seller support, AI access and skills development for the headline commitment to translate into wider economic gains.

With inputs from ANI