Amazon is adding its investment in India by obligating an extra $15 billion over the next 7 years. This will raise Amazon’s total India investment by $26 billion.
The announcement was released after Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in the US.
In a tweet, Andy Jassy mentioned Amazon’s vow to invest $26B in India by 2030, working together and supporting startups, creating jobs, enabling exports, and sanctioning individuals and small businesses to participate internationally.
According to Amazon.in a blog post, Amazon has promised to digitise 10 million small trades, allow $20 billion in exports, and form 2 million jobs in India by 2025. Amazon India has previously digitised over 6.2 million small businesses, allowed over $7 billion in exports, and shaped over 1.3 million direct and indirect jobs.
The firm recently accomplished 10 years in India.