E-commerce giant Amazon plans to invest USD 15 billion more in India, taking its total investment in the country to USD 26 billion, a top official of the company has said.
After meeting Prime Minister Narendra Modi in the US, Amazon CEO Andy Jassy said the company has already invested USD 11 billion in India till date.
"I had a very good and productive conversation with Prime Minister Modi. I think we share a number of goals. Amazon is one of the biggest investors in India. We have invested USD 11 billion till date and intend to invest another USD 15 billion, which will bring the total to USD 26 billion. So we are very much looking forward to future of partnering," Jassy said on Friday.
The India's External Affairs Ministry in a tweet said the prime minister held a productive meeting with the president and CEO of Amazon.
"Discussions focused on the area of e-commerce and the potential of further collaboration with @amazon in the logistics sector in India," it said.
Modi welcomed Amazon's initiative of promoting digitisation of MSMEs in India.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Jasprit Bumrah Drops Big Mohammed Shami Update On Border-Gavaskar Trophy Selection
PM Modi: Culture, Cuisine, Cricket Strengthen India-Guyana Ties New Malayalam OTT Releases This Week: Thekku Vadakku, Adithattu, and More "Era Of Cooperation, Not Conflict": PM Says Democracy, Not Expansionism Is The Way Amazon Employee Greets Friend At Wedding, Dies Of Cardiac Arrest This Asian City Is Emerging As Sex Tourism Hub. It's Not Where You Think Russia's Firing Of ICBM On Ukraine Is Weapon's 1st Combat Use In History PM Modi: Culture, Cuisine, Cricket Strengthen India-Guyana Ties Elon Musk Slams Australia's Plan To Ban Social Media For Kids Under 16 Assam Chief Minister Unveils These Facilities At Legislative Complex Track Latest News Live on NDTV.com and get news updates from India and around the world.