Amazon (AMZN) to Invest an Additional $13 Billion in India by 2030, Reuters Reports

1 day ago 3

Noor Ul Ain Rehman

Sat, June 27, 2026 astatine 1:37 PM CDT 2 min read

Amazon.com, Inc. (NASDAQ:AMZN) is 1 of the harmless stocks for beginners to bargain successful 2026. Reuters reported connected June 25 that Amazon.com, Inc. (NASDAQ:AMZN) volition put an further $13 cardinal successful India by 2030, aimed astatine expanding its AI and unreality infrastructure. The inaugural was announced successful summation to the company's planned $35 cardinal funding, which was announced past year, taking its concern successful the state to $48 cardinal done 2030. Reuters further stated that the announcement came aft a gathering betwixt Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy and Indian Prime Minister Narendra Modi, held successful New Delhi connected Thursday.

Amazon.com, Inc. (AMZN) Is "An Overall Piece," Says Jim Cramer

In different development, Reuters reported connected June 22 that Amazon.com's (NASDAQ:AMZN) Prime Day, starting connected Tuesday, would service arsenic a "litmus test" to gauge the spending powerfulness of U.S. shoppers. The income event, going unrecorded earlier than usual, is centered astir household basics, back-to-school needs, and perishable groceries, alternatively of "carefree splurges". Amazon.com, Inc. (NASDAQ:AMZN) has frankincense highlighted deals connected household goods, groceries, travel, and schoolhouse items, and caller nutrient and essentials, which are becoming a important portion of the Prime members' baskets.

Amazon.com, Inc. (NASDAQ:AMZN) provides its customers with a scope of products and services. It offers precocious tools for AR and VR developers done its Amazon Web Services (AWS) platform.

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