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Abstract:June 23 (Reuters) - Amazon.com Inc (AMZN.O) will invest an additional $15 billion in India, the comp
June 23 (Reuters) - Amazon.com Inc (AMZN.O) will invest an additional $15 billion in India, the companys Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday.
The investment will take the e-commerce giants total India investment across all businesses to $26 billion by 2030, he said.
Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitization, and empowering individuals and small businesses to compete globally, an Amazon blog post said.
This announcement follows Amazons cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.
Separately, Google (GOOGL.O) will open a global fintech operation center in GIFT City in Indias western state of Gujarat, CEO Sundar Pichai told reporters in a video shared on Twitter by Reuters partner ANI company.
\“We shared Google is investing $10 billion in the India digitization fund, and we are continuing to invest through that,\” Pichai said.
Google did not immediately respond to a Reuters request for comment on further details of the new center, outside of business hours.
On the final day of his Washington trip, Modi met with U.S. and Indian technology executives, including Apples (AAPL.O) Tim Cook, Googles Pichai and Microsofts (MSFT.O) Satya Nadella and appealed to global companies to \“Make in India\”.
($1 = 81.9800 Indian rupees)
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