Global e-commerce giant Amazon has announced a major investment in India. During a meeting with Prime Minister Narendra Modi, the company's CEO revealed plans to invest $48 billion in the country between 2026 and 2030.
The meeting focused on key areas including India's digital economy, e-commerce, cloud services, and employment generation. Amazon said the investment will strengthen the country's digital infrastructure, expand its logistics network, and help provide digital platforms for small and medium-sized businesses.
Prime Minister Modi welcomed Amazon's commitment to increasing its investment in India and said the country is rapidly emerging as a preferred destination for global investors. He also highlighted the opportunities created through initiatives such as Digital India and Make in India.
The investment is expected to create thousands of new jobs while accelerating the growth of India's e-commerce and digital sectors. It is also likely to encourage greater foreign investment in the country.
Amazon's announcement is being seen as a strong indicator of India's growing economic potential and increasing confidence among global investors.
