Global CEOs are lining up to write large cheques for India, with the country remaining a focal point for big-ticket investments despite global crises such as the West Asia conflict. On Wednesday, US technology giant Amazon announced a $48 billion capital commitment to India for the period 2026-2030, driven by expanding digital economy demands. This marks an increase from an earlier target of $35 billion for the same window.
Amazon's $48 Billion Commitment
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, we plan to support 3.8 million jobs, enable $80 billion in ecommerce 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.'
Jassy added, 'We've invested $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 $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 $48 billion of investment between 2026 and 2030.'
Wave of Major Investments in 2026
The Amazon investment is part of a series of big-ticket commitments to India in 2026. In February, Google announced a five-year $15 billion AI infrastructure plan covering subsea connectivity, data centres, cloud capacity, and AI skilling in India. In March, ABB announced a $75 million investment to expand manufacturing and R&D capabilities across critical industrial segments.
Earlier this month, Australia's AirTrunk revealed plans to invest $30 billion in India to build 5 GW of data centre capacity by 2030. The Canada Pension Plan Investment Board committed up to ₹7,000 crore with CtrlS Datacenters to expand India's digital infrastructure and hyperscale data centre capacity.
During Prime Minister Modi's recent visit to France, French giant Saint-Gobain announced an additional EUR 1 billion investment in India over the next five years, calling India one of its fastest-growing markets.
India as a Trusted Investment Destination
The message is clear: global CEOs see India as the next big growth engine and are investing early and heavily. India's foreign direct investment (FDI) inflows increased from about ₹29 lakh crore during 2003-14 to more than ₹70 lakh crore during 2014-25, reflecting growing global confidence in its economic potential.
Speaking at the Republic Summit in New Delhi, Prime Minister Narendra Modi underscored that the spirit of 'Nation First' has been the guiding principle behind India's achievements and its emergence as a trusted global power. He noted that India is a civilization with a long historical memory and a unique ability to draw lessons from both progress and adversity. The PM said the decisions and actions being undertaken today are laying the foundation for the country's future over the coming centuries.
'The country has emerged not only as one of the world's fastest-growing economies but also as a credible and reliable partner. India's rise is founded on trust, stability and a commitment to the larger global good,' he noted.
