Amazon CEO Andy Jassy announced a $48 billion investment plan for India through 2030 during a meeting with Prime Minister Narendra Modi [1].

The expansion signals a strategic shift toward artificial intelligence and cloud computing in one of the world's fastest-growing digital economies. By scaling its infrastructure, Amazon aims to support India's economic growth and job creation goals.

The meeting took place this Thursday at Seva Teerth in New Delhi [3]. Jassy said the total investment target has increased from a previous plan of $35 billion [2]. This updated commitment includes an additional $13 billion specifically earmarked for AI and cloud infrastructure [1].

The company is also focusing on workforce expansion. Amazon supported 2.8 million jobs in India as of 2024 [3] and now aims to create 3.8 million jobs by 2030 [3].

Reports on Amazon's historical spending in the region vary. One source states the company has invested $40 billion in India since 2010 [3], while another report puts the cumulative investment at over $88 billion [1].

Jassy said the investment is intended to expand the company's overall presence and technological capabilities within the country. The push into cloud services is designed to provide the backbone for local businesses, and government digital transformation efforts.

“Amazon will increase its investment in India to $48 billion through 2030.”

This investment reflects a broader trend of global tech giants competing for dominance in India's digital public infrastructure. By prioritizing AI and cloud services, Amazon is positioning itself to capture the transition of Indian enterprises to the cloud, while the job creation targets serve as critical political currency to maintain a favorable relationship with the Modi administration.