New Delhi: During one meeting , Andy Jassy Chief Executive of the company told Prime Minister Narendra Modi that Amazon.com Inc will invest an additional $15 billion in India. According to him,the investment will take the e-commerce giant’s total India investment across all businesses to $26 billion by 2030.
Modi and Jassy spoke about supporting creating jobs, Indian startups, enabling exports, digitilization, and empowering individuals and small businesses to compete globally, an Amazon blog post said. This follows Amazon’s cloud computing unit Amazon Web Services (AWS), saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.
Separately, Google’s CEO Sundar Pichai announced in a video broadcast on Twitter that the company will establish a worldwide Finance operation centre in GIFT City western state. “We shared Google is investing $10 billion in the India digitization fund, and we are continuing to invest through that,” Pichai said. After hours, Google took its time responding to respond to a Reuters request for comment on additional information on the new centre.
On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apple’s Tim Cook, Google’s Pichai and Microsoft’s Satya Nadella and appealed to global companies to “Make in India”.
