Amazon chief executive officer (CEO) Andy Jassy is on a visit to India and met Prime Minister Narendra Modi in New Delhi today. During his meeting, he announced plans to invest over USD 48 billion in the coming five years in India. Emphasising that Amazon is committed to being a long-term partner in India’s growth story, Jassy said that they are inspired by Prime Minister Modi’s vision of a ‘Viksit and Atmanirbhar Bharat’. He also thanked PM Modi for his leadership and highlighted the growing importance of India, where Amazon operates several businesses, including ecommerce, AI, cloud, and entertainment, among others.
“We came to India over a decade ago and have since been serving customers, sellers, developers, start-ups and enterprises through our different businesses. The response has been tremendous, with strong growth especially across our ecommerce, AI, and cloud businesses. As we grow Amazon in India, our business priorities continue to align with India’s priorities of democratizing access to AI, digitising small businesses, creating jobs, and enabling exports. We are investing over $48 billion in the coming five years to meet the strong demand across our business in India and to help the country achieve these priorities,” Jassy said.
