Amazon pledges $13 billion investment in India, total reaches $48 billion
pre-market1 source ↓written by the desknot a recommendation
- in India
- $13 billion investment
- by 2030
- $48 billion
- allocated
- $21 billion
Amazon announced an additional $13 billion investment in India, increasing its total commitment to $48 billion by 2030. This investment will focus on expanding AI and cloud infrastructure, with over $21 billion allocated for these sectors. The announcement follows a meeting between Amazon CEO Andy Jassy and Prime Minister Modi in New Delhi.
Not investment advice. For informational purposes only.