HomeWorld NewsVery interested in creating more jobs— Amazon CEO reiterates $15 billion investment in India

Very interested in creating more jobs— Amazon CEO reiterates $15 billion investment in India

Jassy announced that Amazon has already invested a significant $11 billion in India and has plans to further bolster its commitment by investing  additional $15 billion into the country, bringing the total investment to $26 billion.

Profile imageBy Anushka Sharma  June 24, 2023, 4:28:42 AM IST (Published)
2 Min Read
Following a one-on-one interaction with Prime Minister Narendra Modi, Amazon CEO Andrew Jassy expressed interest in fostering job growth, driving digital transformation for small and medium-sized businesses, and promoting Indian products globally.



Jassy announced that Amazon has already invested a significant $11 billion in India and has plans to further bolster its commitment by investing  additional $15 billion into the country, bringing the total investment to $26 billion.

"I had very good and productive interaction with Prime Minister Modi...Very interested in helping create more jobs, helping digitise more small and medium size businesses and helping more Indian companies and products be able to be exported all around the world," Jassy said.

"Amazon is one of the biggest investors in India."

"We have already invested 11 billion dollars (in India), with an intention to invest another 15 billion dollars bringing total to 26 billion dollars," the Amazon CEO added.



MEA Spokesperson Arindam Bagchi said in a tweet, "discussions focused on the area of e-commerce and the potential of further collaboration with Amazon in the logistics sector in India."

"Prime Minister also welcomed Amazon’s initiative of promoting digitisation of MSMEs in India," Bagchi added.
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