On June 23, during a conference, Amazon.com Inc (AMZN.O) CEO Andy Jassy informed Prime Minister Narendra Modi that the company intends to invest an extra $15 billion in India.
He added that this investment will raise the total investment of the e-commerce giant across all its businesses in India to $26 billion by 2030.
According to an Amazon blog post, Modi and Jassi discussed supporting startups in India, creating jobs, exporting, digitizing, and empowering individuals and small businesses to compete across the globe.
The announcement follows Amazon Web Services (AWS), the cloud computing division of Amazon, stating last month that it plans to invest 1.06 trillion rupees ($12.9 billion) in India by the year 2030.
Google (GOOGL.O) will also open a global fintech operations center at GIFT in the western Indian state of Gujarat, CEO Sundar Pichai told reporters in a video shared on Twitter by Reuters partner firm ANI.
Also Read | Tesla Model Y Wins Best New Family Car Award 2023
According to Sundar Pichai, Google is investing $10 billion in the Digital Transformation Fund of India, and they will continue to invest through it.
However, Google has not yet responded to a Reuters request for comment regarding further details of the new center outside of regular business hours.
During his final day in Washington, Prime Minister Modi had meetings with technology executives from both the US and India.
Among them were Tim Cook from Apple, Sundar Pichai from Google, and Satya Nadella from Microsoft.
During these meetings, Prime Minister Modi emphasized the importance of global companies investing in India and supporting the “Made in India” initiative.
