New Delhi: Amazon.com Inc will invest an additional $15 billion in India, the company’s Chief Executive Andy Jassy said during a meeting with Prime Minister Narendra Modi on Friday. The investment will take the e-commerce giant’s total Indian investments across all businesses to $26 billion by 2030, he said.
The Amazon blog post said Modi and Jassi talked about supporting Indian startups, creating jobs, enabling exports, digitizing and empowering individuals and small businesses to compete globally. ,Also read: PM Modi’s US visit: See what India got from the major tech giants?,
The announcement comes after Amazon’s cloud computing unit Amazon Web Services (AWS) said last month that it would invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.ALSO READ: World’s richest professor who became China’s richest man with a net worth of Rs 1,96,120 crore failed university entrance exam 3 times,
Separately, Google will open a global fintech operations center in GIFT City in India’s western state of Gujarat, CEO Sundar Pichai told reporters in a video shared on Twitter by Reuters partner ANI Company.
“We shared that Google is investing $10 billion in the India Digitization Fund and we are continuing to invest through this,” Pichai said.
Google did not immediately respond to a Reuters request for comment on more details of the new center, outside business hours.
On the final day of his Washington trip, Modi met American 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”.