Amazon.com announced on Friday that it will increase its investments in India to $26 billion by 2030, with $6.5 billion in new planned investments, following a meeting with Prime Minister Narendra Modi in the United States.
Despite Jassy's lack of specifics, the statement comes on the heels of Amazon's cloud computing business Amazon Web Services (AWS) announcing last month that it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.
Amazon previously announced a $6.5 billion investment plan, mostly to expand its e-commerce sector, in which it competes with Walmart's Flipkart and billionaire Mukesh Ambani's Reliance Retail.
The latest investment commitment now totals around $6.5 billion.
The e-commerce behemoth's declared investment during Modi's visit joins others, like US semiconductor toolmaker Applied Materials and memory chip manufacturer Micron Technology, in making promises during Modi's state visit.
According to an Amazon blog post, Modi and Jassy discussed assisting Indian entrepreneurs, creating jobs, facilitating exports, digitisation, and empowering individuals and small businesses to compete worldwide.