Amazon will invest another 15 billion dollars in India
Amazon Inc. informed that the company will invest another 15 billion dollars in India. This was announced by Amazon CEO Andy Jassy after a meeting with Indian Prime Minister Narendra Modi in the US on Friday.
He also said that the total investment of the e-commerce giant in India will reach 26 billion US dollars by 2030.
According to a blog post by Amazon, the meeting focused on collaboration to advance Indian startups, creation of employment opportunities, export growth and digitization. Modi and Jassy discussed building the capacity of small businesses there to survive in the global market.
Meanwhile, Amazon's cloud computing unit Amazon Web Services (AWS) said last month that it will invest $12.9 billion in India by 2030.
