Google, Amazon announce mega investments after assembly PM Modi in US

Published: June 24, 2023

Amazon and Google have introduced mega investments in India after their chief executives met Prime Minister Narendra Modi throughout his go to to the United States.

Amazon CEO Andy Jassy took to Twitter to announce that the e-commerce big will make investments a complete of $26 billion in India by 2030. “Productive meeting with Prime Minister @NarendraModi. Discussed Amazon’s commitment to invest $26B in India by 2030; working together we will support startups, create jobs, enable exports, and empower individuals and small businesses to compete globally”, Jassy tweeted.

The $26 billion funding contains the sooner introduced plans to pump in $12 billion into cloud infrastructure in India by 2030. This funding might be supporting an estimated common of 1,31,700 jobs in Indian enterprise every year, the corporate had stated in a press release.

Prime Minister Narendra Modi with the CEO of Google and Alphabet Sundar Pichai during a meeting, at White House in Washington.(PTI)
Prime Minister Narendra Modi with the CEO of Google and Alphabet Sundar Pichai throughout a gathering, at White House in Washington.(PTI)

These positions, together with building, facility upkeep, engineering, telecommunications, and different jobs, are a part of the info centre provide chain in India.

Besides Amazon, search engine big Google will arrange its world fintech operation centre at GIFT City in PM Modi’s dwelling state Gujarat.

“It was an honour to meet PM Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India’s digitisation fund. We are announcing the opening of our global fintech operation centre in GIFT City, Gujarat. PM’s vision for Digital India was way ahead of his time I now see it as a blueprint that other countries are looking to do”, Pichai stated after assembly the prime minister.

“PM @narendramodi interacted with CEO of Alphabet Inc. and @Google @sundarpichai. They discussed measures like artificial intelligence, fintech and promoting research and development”, the prime minister’s workplace tweeted.

Source web site: www.hindustantimes.com