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Home  /  Business  /  Amazon to invest $48 billion in India by 2030 as CEO Andy Jassy meets PM Modi

Amazon to invest $48 billion in India by 2030 as CEO Andy Jassy meets PM Modi

by Siddhi Vinayak Misra
June 26, 2026
in Business, India
Reading Time: 7 mins read
Amazon CEO Andy Jassy announced a $48 billion India investment through 2030, expanding AWS, AI infrastructure, cloud services, and job creation.

Amazon is doubling down on India with one of its biggest investment commitments anywhere in the world. During a meeting with Prime Minister Narendra Modi in New Delhi, Amazon CEO Andy Jassy announced that the company will invest $48 billion in India between 2026 and 2030, significantly expanding its presence across e-commerce, cloud computing, artificial intelligence, logistics, and digital infrastructure.

The announcement underscores India’s growing importance as a global technology and AI hub and signals increasing confidence among multinational companies in the country’s long-term growth prospects.

What Amazon’s $48 billion India investment includes

The headline figure of $48 billion covers investments across Amazon’s various businesses in India over the next five years.

A major portion of that spending will be directed toward expanding Amazon Web Services (AWS), artificial intelligence capabilities, and cloud infrastructure.

Amazon also announced an additional $13 billion investment specifically for AI and cloud infrastructure by 2030. Together with previously announced commitments, Amazon’s planned spending on AI and cloud technologies in India will exceed $21 billion between 2026 and 2030.

The company said the investments will help meet rising demand from:

  • Startups
  • Enterprises
  • Government agencies
  • Developers
  • Educational institutions
  • Small and medium-sized businesses

The move positions Amazon among the largest foreign investors in India’s AI and cloud ecosystem.

Why Amazon is betting big on India

India has emerged as one of the world’s fastest-growing digital economies, driven by rapid internet adoption, a thriving startup ecosystem, and government-backed digital transformation initiatives.

For Amazon, India represents several opportunities at once:

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Expanding e-commerce demand

India remains one of Amazon’s most important international markets. Rising incomes, increasing smartphone penetration, and expanding digital payments continue to drive online shopping growth.

AI adoption is accelerating

Businesses across India are increasingly adopting generative AI, machine learning, and automation tools. Amazon expects demand for AI services to surge over the coming decade.

Cloud infrastructure needs are growing

As more organizations migrate workloads to the cloud, AWS is seeing strong demand for data storage, computing power, cybersecurity, and advanced analytics.

Government digital initiatives

Programs focused on digitization, manufacturing, and innovation are creating new opportunities for technology providers.

AWS data centers in Mumbai and Hyderabad set for expansion

A significant share of the investment will be used to increase AWS capacity in India.

Amazon said it plans to expand data center infrastructure in:

  • Mumbai
  • Hyderabad

The additional capacity will provide customers access to:

  • Custom AI chips
  • Managed AI services
  • Cloud computing infrastructure
  • Data storage solutions
  • Developer tools
  • Security and compliance services

The company believes stronger domestic cloud infrastructure will help Indian organizations innovate faster while reducing latency and improving reliability.

What Andy Jassy said after meeting PM Modi

Following his meeting with Prime Minister Modi, Jassy praised India’s transformation over the past decade and highlighted the country’s increasing global significance.

“The Prime Minister’s vision for the last 12 years is just remarkable,” Jassy said. “You can see it in the development of the country and how important the country is in almost every aspect around the world.”

He noted that Amazon has already invested approximately $40 billion in India since entering the market and had announced an additional $35 billion investment last year.

The latest commitment increases that planned investment to $48 billion for the 2026-2030 period.

Jassy also emphasized India’s growing role in the global AI ecosystem.

“India is becoming such a significant cloud and AI hub around the world,” he said.

PM Modi welcomes Amazon’s investment commitment

Prime Minister Narendra Modi described the announcement as a positive signal for India’s economy and employment market.

In a post on social media, Modi said Amazon’s investment would create new opportunities for young Indians and demonstrate the confidence global companies have in India’s future.

The investment announcement aligns with the government’s broader goals of building a “Viksit Bharat” (Developed India) and promoting technological self-reliance through the “Atmanirbhar Bharat” initiative.

Amazon’s India footprint continues to expand

Amazon’s relationship with India has grown significantly since it entered the market more than a decade ago.

According to company figures, Amazon has:

  • Invested roughly $40 billion in India since 2010
  • Digitized more than 12 million small businesses
  • Enabled over $20 billion in cumulative e-commerce exports
  • Supported approximately 2.8 million jobs
  • Trained more than 10 million people in cloud skills

The company has also outlined ambitious future targets.

Amazon’s future goals in India

By the end of the decade, Amazon aims to:

  • Support 3.8 million jobs
  • Generate $80 billion in cumulative exports
  • Deliver AI benefits to 15 million small businesses
  • Provide AI education to 4 million government school students

These goals suggest Amazon is positioning itself not just as an e-commerce company in India but as a broader technology and infrastructure partner.

Why this matters for India’s AI ambitions

The global race for AI leadership increasingly depends on access to computing power, data centers, advanced chips, and cloud infrastructure.

Amazon’s investment comes as India seeks to establish itself as a major AI development hub capable of competing with leading technology markets.

The expansion of AWS infrastructure could help:

  • Lower barriers for startups building AI applications
  • Improve access to advanced computing resources
  • Accelerate innovation across sectors
  • Strengthen India’s digital economy
  • Create high-skilled technology jobs

For policymakers, attracting large-scale investments from global technology firms also helps support long-term economic growth and digital transformation objectives.

What comes next

Amazon’s $48 billion commitment ranks among the largest investment announcements made by a global technology company in India. The focus on AI, cloud computing, and digital infrastructure reflects broader trends reshaping the global economy.

As demand for artificial intelligence services continues to grow, the success of this investment will likely be measured not only by new facilities and jobs but also by how effectively it helps Indian businesses, startups, and public institutions participate in the next wave of technological innovation.

TL;DR

  • Amazon will invest $48 billion in India between 2026 and 2030.
  • More than $21 billion will support AI and cloud infrastructure.
  • AWS data centers in Mumbai and Hyderabad will be expanded.
  • Amazon’s cumulative India investments from 2010 to 2030 will exceed $88 billion.
  • The company says the investment will create jobs, strengthen AI capabilities, and support India’s digital economy.
  • Prime Minister Narendra Modi welcomed the announcement, calling it a sign of growing global confidence in India.

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