Multinational technology company Amazon has announced plans to invest $48 billion in India between 2026 and 2030 following a meeting between CEO Andy Jassy and Prime Minister Narendra Modi.
The investment includes an additional $13 billion to expand the company’s artificial intelligence and cloud infrastructure in India by 2030.
The latest commitment comes about six months after Amazon announced plans to invest $35 billion in the country, highlighting its long term focus on India as a key market for digital infrastructure, cloud computing and AI.
Amazon is also accelerating its quick commerce push through Amazon Now. The company plans to expand the service to 300 cities and build a network of 1,000 micro fulfilment centres.
The expansion comes as competition in quick commerce intensifies, with players rapidly widening their offerings beyond groceries to categories such as electronics, beauty, fashion and household essentials through near instant delivery.