Amazon will invest an additional $13 billion in India, taking its planned capital commitment in the country to $48 billion between 2026 and 2030, Chief Executive Officer Andy Jassy said on Thursday after meeting Prime Minister Narendra Modi. The fresh investment underscores Amazon’s long-term commitment to India, which Jassy described as one of the company’s most important growth markets globally. The announcement comes as global technology firms step up investments in India, attracted by the country’s expanding digital economy. Jassy discussed plans to invest $48 billion over the coming five years, including more than $21 billion in AI and cloud infrastructure. By 2030, Amazon plans to support 3.8 million jobs, enable $80 billion in e-commerce exports, and bring the benefits of AI to 15 million small businesses and four million government school students. The investment will expand AWS data centre capacity in Mumbai and Hyderabad. Prime Minister Modi welcomed Amazon’s record $48 billion investment in India, saying it will create new opportunities for youth.