Amazon commits $48B to India through 2030; Amazon Now to scale into 100 cities with 1,000 micro-FCs
Following Andy Jassy's meeting with PM Modi, Amazon plans $48B India investment by 2030, including $13B for AI and cloud and $35B toward broader operations. Amazon Now quick commerce will expand into 100 cities backed by 1,000 micro fulfilment centres, sharply escalating the q-commerce arms race against Blinkit, Zepto and Instamart.
Amazon will invest $48B in India through 2030, including $13B for AI/cloud, after CEO Andy Jassy met PM Modi. Amazon Now quick commerce will expand to 100 cities with 1,000 micro fulfilment centres, intensifying q-commerce competition.