Amazon to invest $48B in India by 2030, scaling AI, cloud and e-commerce footprint

CEO Andy Jassy met PM Modi to announce a $48 billion India commitment for 2026-2030, taking cumulative investment to $88 billion. Plans include 20+ new fulfillment centers, 100+ last-mile stations targeting tier-3/4 cities, $21B in AI/cloud, and 3.8 million jobs by 2030.

— Filed Fri, 26 Jun, 2026, 08:39 IST · Source Business Today · Latest · Updated

Amazon CEO Andy Jassy met PM Modi and announced $48 billion India investment between 2026-2030, expanding AI, cloud, e-commerce and quick commerce with 20+ new fulfillment centers and 100+ last-mile delivery stations targeting tier-3/4 cities.

Why this matters

Builds on Amazon's recent $13B AI-cloud pledge and 120+ logistics nodes plan, formalizing a larger $48B India bet through 2030 as CEO Jassy meets PM Modi to anchor long-term commitment.

Retail-company signals steady at 3,787 over 90 days, with hyperscaler India bets driving volume.