Credit: Amazon
India is attracting fresh technology investment as global companies expand AI, cloud and semiconductor commitments, reinforcing the country’s growing role as a strategic manufacturing and digital infrastructure hub.
Amazon raises India bet to US$48 billion, adds US$13 billion for AI and cloud
Amazon on June 25 announced an additional US$13 billion investment in India’s AI and cloud infrastructure by 2030, the third major commitment the company has made in as many years and one that brings its total planned spending across all India businesses to US$48 billion between 2026 and 2030. CEO Andy Jassy announced in New Delhi, following a meeting with Prime Minister Narendra Modi, that the pledge is a direct response to surging demand across Amazon’s e-commerce, AI, and cloud operations in the country.
Meta invests in India’s CRED, taps founder Kunal Shah to lead WhatsApp
Meta Platforms has agreed to invest US$900 million in Indian fintech startup CRED and appoint its founder, Kunal Shah, as the new global head of WhatsApp, marking a major leadership change at one of the world’s largest messaging platforms.
India reportedly plans to launch fresh chip incentive in fiscal 2027
The Indian government plans to disburse INR71 billion (US$7.5 billion) in semiconductor incentives in fiscal year 2027 to expand its local chip supply chain, according to anonymous government officials cited by Mint.
India’s satellite shakeout: domestic LEO rises, US players stalled
Mukesh Ambani’s Jio Platforms plans a self-built LEO constellation to strengthen India’s domestic communications infrastructure, paired with third-party satellite bandwidth leasing.
Article edited by Jack Wu
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