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Amazon commits to US$15 billion India investment, CEO says

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Amazon.com will invest an additional US$15 billion in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant's total India investment across all businesses to $26 billion by 2030, he said. Modi and

Amazon.com will invest an additional US$15 billion in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday.

Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitization, and empowering individuals and small businesses to compete globally, an Amazon blog post said. Separately, Google will open a global fintech operation centre in GIFT City in India's western state of Gujarat, CEO Sundar Pichai told reporters in a video shared on Twitter by Reuters partner ANI company.

 

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