Amazon has announced plans to invest $48 billion in India between 2026 and 2030, underscoring its long-term commitment to one of its fastest-growing markets. The announcement came as Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi on Thursday.
A significant portion of the investment—more than $21 billion—will be directed towards expanding Amazon Web Services' (AWS) AI and cloud infrastructure in India. This includes an additional $13 billion commitment by 2030 to scale data centre capacity in Mumbai and Hyderabad, enabling startups, enterprises and government organisations to access advanced AI tools, cloud services and computing infrastructure.
With the latest commitment, Amazon's cumulative investments in India from 2010 to 2030 will exceed $88 billion.
"We are investing over $48 billion in the coming five years to meet the strong demand across our business in India and to help the country achieve these priorities," Jassy said, adding that the company remains aligned with the government's vision of a developed and self-reliant India.
Jassy noted that Amazon has witnessed strong growth across its ecommerce, AI and cloud businesses in the country. Since entering India, the company says it has digitised 12 million small businesses, enabled more than $20 billion in ecommerce exports, supported 2.8 million jobs and trained over 10 million Indians in cloud skills.
Looking ahead, Amazon has outlined ambitious targets, including supporting 3.8 million jobs, generating $80 billion in cumulative exports, extending AI benefits to 15 million small businesses and providing AI education to 4 million government school students.
The announcement reinforces India's growing importance in Amazon's global strategy, particularly as demand for AI infrastructure and cloud services accelerates worldwide.