Amazon CEO meets PM Modi, says ready to invest $15 bn more in India

25 Jun '23

1 min read

Pic: Andy Jassy/Twitter

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Amazon is ready to invest $15 billion more in India, taking its total investment in the country to $26 billion, the company's president and CEO Andrew R Jassy said after meeting Indian Prime Minister Narendra Modi in Washington, DC, recently.
Both discussed e-commerce and the potential of further collaboration in the logistics sector in India.

Indian Prime Minister Narendra Modi met Amazon president and chief executive officer Andrew R Jassy in Washington, DC, recently and discussed e-commerce and the potential of further collaboration with the e-commerce giant in the logistics sector in India. The company is ready to invest $15 billion more in India, taking its total investment in the country to $26 billion, Jassy said after the meeting.

It had earlier announced plans to invest $11 billion in cloud infrastructure in India by 2030, supporting an estimated average of 1.31 lakh jobs in Indian business each year.

"So we are very much looking forward to future of partnering," Jassy said.

The meeting discussed how Amazon can support start-ups, create jobs, enable exports and empower individuals, he said in a tweet.

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