Amazon commits an extra $13 billion to India by 2030, targeting AI and cloud expansion amid rising competition in emerging markets.
Amazon will invest an additional $13 billion in India by 2030, raising its total commitment to $48 billion. The funds will expand AI and cloud infrastructure, aligning with the company’s long-term growth strategy in the region.
The announcement follows a prior $35 billion pledge made last year. Amazon’s CEO Andy Jassy met with Indian Prime Minister Narendra Modi in New Delhi to discuss the initiative, signaling strong corporate and government collaboration.
The move underscores India’s growing importance as a tech and e-commerce hub, with Amazon competing against local and global players for market share.