Andy Jassy Announces Amazon’s Plan To Generate 2 Million Jobs In India By 2030
Amazon, the leading e-commerce company, has announced its plan to invest an additional $15 billion in India, bringing its total investment in the country to $26 billion. During a meeting with Indian Prime Minister Narendra Modi, Amazon CEO Andy Jassy stated that the company has already invested $11 billion and is committed to investing another $15 billion. Jassy expressed his enthusiasm for future partnerships with India.
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. pic.twitter.com/yEgy0TVqpK— Andy Jassy (@ajassy) June 23, 2023
Jassy met Modi on his first state visit to the US in Washington DC on Friday. During their discussion, the leaders discussed various topics such as helping Indian startups, creating employment opportunities, promoting exports, embracing digitization and empowering individuals and small businesses to compete globally.
The company is committed to digitizing 10 million small businesses, promoting $20 billion worth of exports and creating 2 million jobs in India by 2025.
Minister of State for Electronics and IT Rajeev Chandrasekhar also took to the microblogging platform Twitter and tweeted about Jassy’s meeting with PM Modi.
This big investment commitment by @amazonIN is to invest $26 billion by 2030 and create 20 Lakh jobs in India – is consistent wth PM @narendramodi ji’s vision of a Digital and Self-Reliant India n will help further deepen the #AI(America-India) tech partnership#ModiInUSA… https://t.co/HUJlI88k1K— Rajeev Chandrasekhar 🇮🇳 (@Rajeev_GoI) June 24, 2023
“This major investment commitment by @amazonIN to invest $26 billion by 2030 and create 20,000,000 jobs in India – aligned with Prime Minister @narendramodiji’s vision of a digital and self-reliant India n helps deepen the #AI (America-India ) technology partnership,” he tweeted .
Currently, Amazon India is catching up to them, having already digitized over 6.2 million small businesses, enabled over $7 billion in exports and created over 1.3 million direct and indirect jobs. Amazon recently completed 10 years in India, empowering over 12 lakh Indian businesses to sell millions of products online and deliver to customers across all viable pin codes across the country.