Prime Minister Narendra Modi on Thursday welcomed Amazon’s record investment commitment of 48 billion dollars in India, describing it as a strong vote of confidence in the country’s growth story and economic potential.
The Prime Minister met Andy Jassy, Chief Executive Officer of Amazon, in New Delhi, where the two discussed the company’s plans and investment roadmap for India.
Following the meeting, Mr. Modi shared his views on social media, highlighting the significance of the massive investment. He said the investment would create new opportunities for India’s youth by generating employment, strengthening digital infrastructure, and supporting innovation across sectors.
The Prime Minister also noted that Amazon’s decision reflects the increasing confidence of global companies in India’s economic environment. He said the investment demonstrates the growing interest among international businesses to expand their presence in the country and participate in its development journey.
Amazon has been one of the largest foreign investors in India, with interests spanning e-commerce, cloud computing, logistics, digital services, and technology development. The fresh investment is expected to further strengthen the company’s operations and contribute to India’s digital economy.
The announcement comes at a time when India continues to attract significant foreign investment, driven by its large consumer market, expanding digital ecosystem, and ongoing economic reforms. Government officials view such investments as crucial for boosting job creation, enhancing technological capabilities, and accelerating economic growth.
The meeting between Prime Minister Modi and Andy Jassy underscores the growing partnership between India and leading global technology companies, as the country seeks to position itself as a major hub for innovation, manufacturing, and digital services.
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