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Amazon.com will invest an additional $15 billion in India, CEO Andy Jassy told Prime Minister Narendra Modi in a meeting on Friday.
He said the investment would bring the e-commerce giant’s total investment in India across all businesses to $26 billion by 2030.
Modi and Jassi talked about supporting Indian start-ups, creating jobs, enabling exports, digitization, and enabling individuals and small businesses to compete globally, according to an Amazon blog post.
The announcement comes on the heels of cloud computing subsidiary Amazon Web Services (AWS) announcing last month that it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.
Separately, Google will open a global fintech operations center in the city of GIFT in the western Indian state of Gujarat, CEO Sundar Pichai told reporters in a video posted to Twitter by Reuters partner ANI.
“We’ve partnered with Google to invest $10 billion in the Indian Digitization Fund, and we’re continuing to invest through that,” said Pichai.
Google did not immediately respond to a Reuters request for comment on other details of the new out-of-hours center.
On the last day of his trip to Washington, Modi met US and Indian tech executives, including Apple’s Tim Cook, Google’s Pichai and Microsoft’s Satya Nadella, and implored global companies to “Made in India”.
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