Amazon has revealed significant investment plans in India aimed at improving infrastructure and technology for its business.
Amazon's Investments in India
Amazon disclosed plans to invest over 20 billion rupees, equivalent to $233 million, in India by 2025. The funds will be directed towards expanding and upgrading the operations infrastructure.
Technology Development Plans
The investment will also be used to develop new technologies for its fulfillment network and improve delivery safety. Amazon intends to ensure timely updates to its technologies for increased operational efficiency.
Support for Startups and Local Businesses
During a meeting with Prime Minister Narendra Modi, Amazon CEO Andy Jassy discussed how the company could support India's startup ecosystem, help businesses reach a larger audience, and create jobs.
Thus, Amazon is taking significant steps to expand its presence in India, which may contribute to the development of the local economy and technology.
