Amazon CEO Andy Jassy announced on Thursday after meeting Prime Minister Narendra Modi in New Delhi that the company will invest an incremental $48 billion in India between 2026 and 2030, raising its planned investment from the $35 billion announced last year. This brings Amazon's total investment in India between 2010 and 2030 to more than $88 billion. The enhanced investment reflects surging demand for digital services and India's growing role as a global technology hub. A major share will be directed towards expanding Amazon Web Services, cloud computing and artificial intelligence infrastructure, with more than $21 billion earmarked for AI and cloud infrastructure over the next five years, including an additional $13 billion announced on Thursday. The investment will expand AWS data centres in Mumbai and Hyderabad. Amazon plans to support 3.8 million direct and indirect jobs by 2030, enable $80 billion in cumulative e-commerce exports, extend AI tools to 15 million small businesses, and introduce AI education programmes to 4 million government school students. Modi welcomed the record $48 billion investment, stating it will create new opportunities for youth.