Amazon.com Inc. announced its plans to increase investments in India to $26 billion by 2030, with an additional $6.5 billion in new investments. The announcement came after CEO Andy Jassy's meeting with Prime Minister Narendra Modi in the United States.

Amazon's cloud computing unit, Amazon Web Services (AWS), revealed last month that it intends to invest 1.06 trillion rupees ($12.9 billion) in India by the end of 2030. The recent announcement of a $6.5 billion investment plan by Amazon further demonstrates the company's commitment to boosting its e-commerce business, where it competes with Walmart's Flipkart and Mukesh Ambani's Reliance Retail.

During the meeting between Modi and Jassy, discussions revolved around various aspects, including supporting Indian startups, job creation, promoting exports, digitization, and empowering individuals and small businesses to compete on a global scale. This move highlights Amazon's dedication to fostering innovation and technological advancement in India.

Apart from Amazon's investments, other companies have also shown their commitment to India during Prime Minister Modi's state visit. U.S. semiconductor toolmaker Applied Materials and memory chip firm Micron Technology are among the companies that have made investment commitments.
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n a separate development, Google CEO Sundar Pichai announced the opening of a global fintech operation center in GIFT City, located in the western state of Gujarat, India. Pichai stated that Google is investing $10 billion in the India digitization fund, reaffirming the company's dedication to supporting India's digital transformation. Further details regarding the new center were not immediately available.

During Prime Minister Modi's visit to Washington, he held meetings with technology executives from prominent companies such as Apple, Google, and Microsoft. These discussions aimed to encourage global companies to invest in India and participate in the "Make in India" initiative.

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