Amazon CEO Andy Jassy meets PM Modi, ups India investment commitment to $26 billion

Amazon is committing to invest $26 billion in India by 2030 and will “support startups, create jobs, enable exports, and empower individuals and small businesses to compete globally,” according to its chief executive Andy Jassy who discussed the online retail giant’s investment plans in India with Prime Minister Narendra Modi who is on a state visit to the United States.

The Seattle-based technology firm– with operations across ecommerce, logistics, web services, and online streaming– has already invested $11 billion in India according to Jassy and will now plough in a further $15 billion through this decade.