PM Modi welcomes Amazon’s USD 48 billion India investment; to boost boosts AI, cloud and e-commerce expansion

Updated On: 25 June, 2026 04:18 PM IST | Mumbai | mid-day online correspondent

PM Modi welcomed Amazon’s record USD 48 billion investment in India over the next five years, saying it will create new opportunities for young people. Amazon CEO Andy Jassy reaffirmed the company’s long-term commitment, with major investments planned in AI, cloud infrastructure and e-commerce

Listen to this article :

PM Modi with Amazon's Andy Jassy (Pic/X@AndyJassy)

Prime Minister Narendra Modi on Thursday welcomed Amazon's record USD 48 billion investment in India, saying that this investment will create new opportunities for youth in the country.

In a major boost to India’s IT sector, Amazon has recently announced a total investment of $48 billion to expand and support its businesses in India from 2026 to 2030, after its CEO, Andy Jassy, met PM Modi in the national capital.