Amazon to invest an additional $15 bn in India over the next 7 years

Amazon is upping its investment in India by committing an additional $15 billion in the country over the next 7 years. This will take Amazon’s total India investment across all businesses to $26 billion.

The announcement came as Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in the US.

In a tweet, Jassy said, “Discussed Amazon’s commitment to invest $26B in India by 2030; working together we will support startups, create jobs, enable exports, and empower individuals and small businesses to compete globally.”