Amazon to take its India investment to $26 billion by 2030
Amazon has committed to investing an additional $15 billion in India over the next 7 years. This will take the company's total India investment across all businesses to $26 billion, Amazon CEO Andy Jassy told Indian Prime Minister Narendra Modi.
Jassy met Modi during his first state visit to the US in Washington DC on Friday. The two leaders spoke about supporting Indian startups, creating jobs, enabling exports, digitisation, and empowering individuals and small businesses to compete globally.
Digitising Indian businesses, creating jobs
Amazon has pledged to digitise 10 million small businesses, enable $20 billion in exports, and create 2 million jobs in India by 2025.
Currently, Amazon India is on track to deliver on them, having already digitised over 6.2 million small businesses, enabled over $7 billio
Amazon.in recently completed 10 years in India—a journey that started with just 100 sellers, an ingenious team, and a vision to transform how India buys and sells online. Today, Amazon empowers more than 12 lakh Indian businesses to sell crores of products online and delivers to customers in every serviceable pin code across the country.n in exports, and created over 1.3 million direct and indirect jobs.
