Global CEOs are lining up to write cheques for India

India continues to attract substantial investments from global CEOs, even amidst international crises. US technology giant Amazon announced on Wednesday it will allocate $48 billion in capital to India between 2026 and 2030, significantly increasing its previous commitment.

This expanded financial commitment is primarily driven by the growing demands within India's digital economy. Amazon CEO Andy Jassy confirmed the development, stating, "We've been serving customers, sellers, developers, startups, and enterprises in India for more than a decade and just getting started... We're investing $48 billion over the coming five years, including $21+ billion in AI and cloud infrastructure." By 2030, Amazon aims to support 3.8 million jobs, enable $80 billion in e-commerce exports, and bring AI benefits to 15 million small businesses and 4 million government school students.

Jassy elaborated on the investment scale, noting, "We've invested USD 40 billion in India since the year 2010. And then at the end of last year, we announced that we were going to invest another USD 35 billion in India between 2026 and 2030. And we just announced today that we're going to increase that amount from 35 billion to an incremental USD 48 billion of investment between 2026 and 2030."

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We've been serving customers, sellers, developers, startups, and enterprises in India for more than a decade and just getting started... We're investing $48 billion over the coming five years, including $21+ billion in AI and cloud infrastructure. By 2030, we plan to support 3.8 million jobs, enable $80 billion in ecomm exports, and bring benefits of AI to 15 million small businesses and 4 million government school students. Excited about what's ahead. Still early days for what we can build.

The Amazon investment follows a series of major commitments to India in 2026. Google announced a $15 billion AI infrastructure plan in February, while ABB committed $75 million in March to expand manufacturing and R&D. Earlier this month, AirTrunk announced plans to invest $30 billion to build data center capacity, and the Canada Pension Plan Investment Board committed up to ₹7,000 crore with CtrlS Datacenters. French giant Saint-Gobain also announced another EUR1 billion investment over the next five years.

These investments underscore India's emergence as a key growth engine for global businesses. Foreign Direct Investment inflows have surged, reflecting growing global confidence in India's economic potential. Prime Minister Modi has highlighted the "Nation First" spirit as a guiding principle behind India's achievements and its rise as a trusted global partner.

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We've invested USD 40 billion in India since the year 2010. And then at the end of last year, we announced that we were going to invest another USD 35 billion in India between 2026 and 2030. And we just announced today that we're going to increase that amount from 35 billion to an incremental USD 48 billion of investment between 2026 and 2030.