India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

Amazon to invest $48 billion in India by 2030, expand AI push

Amazon has announced plans to invest $48 billion in India between 2026 and 2030, marking a major expansion commitment by the global technology and e-commerce giant in one of its key growth markets.
The announcement came after Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi on Thursday, where discussions focused on the company’s future growth plans and its contribution to India’s digital economy.Welcoming the investment, Prime Minister Modi said the move would create new opportunities for India’s youth and reflects rising global confidence in the country as an investment destination.“A great meeting with Mr. Andy Jassy. I welcome Amazon’s record $48 billion investment in India. This will create new opportunities for our youth. At the same time, it shows the growing interest across the world to invest in India,” PM Modi said in a post on X.


The investment will be directed towards expanding Amazon’s presence across key sectors, including e-commerce, cloud computing, artificial intelligence (AI), logistics and digital services.
Following the meeting, Jassy said Amazon remains committed to India’s long-term growth story and highlighted the company’s journey of serving customers, sellers, developers, startups and enterprises in the country for more than a decade.“Really enjoyed my meeting with Prime Minister Narendra Modi about what’s ahead for Amazon in India. We’ve been serving customers, sellers, developers, startups, and enterprises in India for more than a decade and are just getting started,” Jassy said.As part of the overall investment plan, Amazon will allocate more than $21 billion towards AI and cloud infrastructure, strengthening its technology ecosystem in India.
According to sources, by 2030, the company aims to support 3.8 million jobs across its ecosystem, enable $80 billion in cumulative e-commerce exports and expand AI access to 15 million small businesses and 4 million government school students.Jassy said Amazon remains optimistic about the opportunities in India and reiterated the company’s commitment to supporting the country’s economic growth through technology, innovation and digital transformation.


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

The CBI launched Operation Chakra-VI and conducted searches at more than 80 locations across 16 states to crackdown on cybercrime networks.

Read More

Opinion

The India-US economic relationship appears to be entering a crucial phase, with both sides moving toward the “final touches” on an interim trade agreement after months of difficult negotiations.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.