HomeLatestAmazon Intends To Invest Additional $15 Billion In India, Says CEO Andy Jassy After Meeting Prime Minister Modi
Amazon Intends To Invest Additional $15 Billion In India, Says CEO Andy Jassy After Meeting Prime Minister Modi
June 24, 2023
Amazon has announced its plans to invest an additional $15 billion in India in the next six years, bringing its total investment in the country to $26 billion by 2030.
Following a meeting with Prime Minister Narendra Modi in the US on Friday (23 June), Amazon CEO Andy Jassy said that the company has already invested $11 billion in India to date.”I had a very good and productive conversation with Prime Minister Modi. I think we share a number of goals. Amazon is one of the biggest investors in India. We have invested $11 billion till date and intend to invest another $15 billion, which will bring the total to $26 billion. So we are very much looking forward to the future of partnering,” Jassy was as saying by .
The Amazon CEO in a tweet added, “Productive meeting with Prime Minister Narendra Modi. Discussed Amazon’s commitment to invest $26B in India by 2030; working together we will support startups, create jobs, enable exports, and empower individuals and small businesses to compete globally”.
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