Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026.<\/p>\n
CNBC<\/p>\n
Amazon<\/a> plans to invest an additional $13 billion to expand artificial intelligence<\/a> and cloud infrastructure in India, taking its total investment in the country to $48 billion between 2026 and 2030.<\/p>\n These funds will be used to expand AWS data center capacity in Mumbai and Hyderabad, the company said in a statement on Thursday. In December last year, Amazon had pledged to invest $35 billion<\/a>, as hyperscalers raced to get a foothold in the Indian market.<\/p>\n Amazon CEO Andy Jassy said the company is committed to being “a long-term partner in India’s growth story” and wants to align with the country’s “priorities of democratizing access to AI, digitizing small businesses, creating jobs, and enabling exports.” <\/p>\n Jassy met Indian Prime Minister Narendra Modi<\/a> on Thursday and highlighted the importance to Amazon of India, where the company operates several businesses spanning e-commerce, AI, cloud, and entertainment.<\/p>\n The company said its total investment in India between 2010 and 2030 stands at $88 billion.<\/p>\n Through its data centers, Amazon hopes to provide Indian startups, enterprises, and government organizations with access to custom\u00a0AI chips, managed AI services, and secure and reliable cloud technologies.<\/p>\n Last December, India secured investment to the tune of $50 billion within 24 hours<\/a> from U.S. big tech companies such as Amazon and Microsoft<\/a>. Google, another major hyperscaler, is also investing $15 billion<\/a>\u00a0to build data center capacity for a new\u00a0artificial intelligence<\/a>\u00a0hub in southern India.<\/p>\n India does not yet produce cutting-edge chips domestically, nor does it have a frontier-scale foundation model on a par with leading U.S. or Chinese models. However, the data center space in the country is growing rapidly.<\/p>\n To encourage the development of data centers in India, the Indian government has offered long\u2011term tax breaks to major global hyperscalers. <\/p>\n “India’s DC industry is emerging as one of the fastest growing globally,” global brokerage Nomura said in a report earlier this month. India’s data center capacity has risen to around 1.6GW in 2025 from 350MW in 2019, implying a 29% compounded annual growth versus 20% globally.<\/p>\n