Amazon's massive India bet! Andy Jassy announces $48 billion investment after meeting PM Modi
New Delhi/IBNS, June 25 -- Amazon CEO Andy Jassy on Thursday met Prime Minister Narendra Modi during his India visit with a plan for fresh investment.
The meeting covered Amazon's long-term role in India and its progress on pledges that directly support the PM's vision of building an Atmanirbhar and Viksit Bharat.
The announcement makes Amazon one of the largest global AI and cloud infrastructure investors in India, in addition to being the country's largest foreign investor and largest enabler of ecommerce exports.
Jassy shared examples of innovations built for India that Amazon is taking to other countries - including Amazon Now, which started as an experiment in India and is being replicated in markets around the world.
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