Amazon CEO Andy Jassy announces $48 Bn investment in India, says 3.8 million jobs will be created

President and CEO of Amazon, Andy Jassy says, "The Prime Minister's vision for the last 12 years is just remarkable. You can see it in the development of the country and how important the country is in almost every aspect around the world. When I have the good fortune to spend time with him, he has so many ideas for how to continue to make the country better in every dimension...We've invested $40 billion in India since the year 2010. And then at the end of last year, we announced that we were going to invest another $35 billion in India between 2026 and 2030. We just announced today that we're going to increase that amount from $35 billion to an incremental $48 billion of investment between 2026 and 2030... India is becoming such a significant cloud and AI hub around the world, and we have so much demand here that we're continuing to invest in the country on the cloud side and the AI side as well. We've accounted for roughly $2.8 million in direct and indirect jobs in the country as of 2024. We're hoping to make that number more like 3.8 million by the end of 2030"

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