Amazon and Google Pledge $25 Billion in New Investments for India's Digital Economy
- Amazon CEO Andy Jassy announced an additional $15 billion investment in India during a meeting with Prime Minister Narendra Modi.
- Google CEO Sundar Pichai announced the opening of a global fintech operation center in India's western state of Gujarat and a $10 billion investment in the India digitization fund.
- Modi met with technology executives from Apple, Google, and Microsoft during his trip to Washington and appealed to global companies to "Make in India".
- Walmart, Amazon's global rival, has also spent over $2.5 billion in India this year.
- Other high-profile commitments were made during Prime Minister Narendra Modi's visit to the US, including investments from Micron and Applied Materials.