Amazon 
AMZN is doubling down on India, unveiling an additional $13 billion investment to expand its artificial intelligence, cloud and logistics infrastructure in one of its fastest-growing markets.
The new spending will boost Amazon Web Services’ data center capacity in Mumbai and Hyderabad while also funding a major logistics expansion. The company plans to open more than 20 new fulfillment centers and over 100 delivery stations across India this year.
The announcement builds on Amazon’s earlier pledge to invest more than $35 billion in India by 2030. With the latest commitment, Amazon said its cumulative investments in the country between 2010 and 2030 are expected to surpass $88 billion.
Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi on June 25 and highlighted strong growth across the company’s e-commerce, AI and cloud businesses in the country.
“As we grow Amazon in India, our business priorities align with India’s priorities of democratizing access to AI, digitizing small businesses, creating jobs, and enabling exports,” Jassy said.
