Amazon intends to invest USD 15 billion more in India, says CEO Andy Jassy after meeting PM Modi
Washington, Jun 24: 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.
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Delhi's maximum temperature settles at 41.9 deg C
New Delhi (PTI): Delhi on Sunday recorded a maximum temperature of 41.9 degree Celsius, 1.5 notches above the seasonal average, according to the India Meteorological Department (IMD).
The minimum temperature settled at 25.9 degrees Celsius on Sunday morning, 0.6 notches below the seasonal average, the IMD stated.
The weather department predicted strong surface wind during the Monday morning, with the maximum and minimum temperature expected to hover around 44 degrees Celsius and 26 degree Celsius, respectively.
Relative humidity was recorded at 28 per cent at 5.30 pm.
The air quality was recorded in the 'moderate' category at 4 pm, with an Air Quality Index (AQI) reading of 174, Central Pollution Control Board (CPCB) data showed.
According to the CPCB, an AQI between zero and 50 is considered 'good', 51 to 100 'satisfactory', 101 to 200 'moderate', 201 to 300 'poor', 301 to 400 'very poor', and 401 to 500 'severe'.
