Amazon to invest ₹1.23 lakh crore in India: CEO Andy Jassy meets PM Modi; AI-cloud infrastructure to expand, creating 3.8 million jobs
Amazon will make a new investment of $13 billion—approximately ₹1.23 lakh crore—in India. This amount will be utilized to expand Artificial Intelligence (AI) and cloud infrastructure within the country.
This initiative is expected to generate employment for around 3.8 million people. The company announced this following a meeting between CEO Andy Jassy and Prime Minister Narendra Modi during Jassy’s visit to India.
Company to invest a total of ₹8.31 lakh crore by 2030
Notably, the company has announced investments totaling approximately ₹4.53 lakh crore in India within a span of six months. Prior to this, Amazon had announced plans to invest $35 billion (around ₹3.30 lakh crore) in the country.
These investments are scheduled to take place between 2026 and 2030. Consequently, Amazon’s total investment in India between 2010 and 2030 will exceed $88 billion (approximately ₹8.31 lakh crore).
With this new investment, Amazon has emerged as one of the largest global investors in India’s AI and cloud infrastructure sectors. Furthermore, the company stands as the largest foreign investor in India and the leading company driving e-commerce exports.
Inspired by the PM’s vision of a ‘Developed and Self-Reliant India’: Andy Jassy
Amazon CEO Andy Jassy stated, “We arrived in India over a decade ago. Since then, we have been serving customers, sellers, developers, startups, and large enterprises through our various businesses. We have witnessed robust growth in our e-commerce, AI, and cloud businesses in India.” He further stated, “As we expand Amazon’s presence in India, our business priorities align with India’s priorities. This includes democratizing access to AI, digitizing small businesses, creating jobs, and enabling exports.”
Target: 3.8 Million Jobs and $80 Billion in E-commerce Exports
Amazon has pledged to support the creation of over 3.8 million jobs in India by 2030. Additionally, it has set a target to enable a total of $80 billion (approximately ₹7.55 lakh crore) in e-commerce exports.
The company aims to bring the benefits of AI to 15 million (1.5 crore) small businesses and connect 4 million (40 lakh) students in government schools with AI and modern technologies.
Major AI and Cloud Network to be Established in Mumbai and Hyderabad Regions
Out of Amazon’s total investment of $48 billion, approximately $21 billion (around ₹1.75 lakh crore) has been specifically allocated for AI and cloud infrastructure. These funds will be used to upgrade cloud and AI networks across the two AWS regions located in Mumbai and Hyderabad.
The company noted that these two AWS regions enable Indian customers to securely store data within the country. Furthermore, they gain access to the world’s most advanced AI and cloud technologies, including high-performance ‘Trainium’ chips and AWS’s flagship inference engine, ‘Amazon Bedrock’.
