Tech and e-commerce major Amazon.com, Inc. (AMZN) announced Wednesday its plans to invest more than $35 billion across all its businesses in India through 2030 aiming mainly to advance AI innovation and create more thn 1 million jobs.
The company, which so far has invested $40 billion in the country, expects to focus on business expansion as well as three strategic pillars, such as AI-driven digitization, export growth and job creation.
Amazon, at the sixth edition of the Amazon Smbhav Summit in New Delhi, added that the latest investment will boost cumulative exports to $80 billion, and deliver AI benefits to 15 million small businesses.
By 2030, the company plans to generate an additional 1 million direct, indirect, induced, and seasonal jobs through business expansion as well as its growing fulfillment and delivery network.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.