Following a meeting between CEO Andy Jassy and Prime Minister Narendra Modi in the United States, Amazon.com Inc. said on Friday that it will increase its investments in India to $26 billion by 2030. This statement included $6.5 billion in new planned investments.

Jassy did not provide a breakdown, but the statement comes after Amazon Web Services (AWS), a division of the company that provides cloud computing services, announced last month that it will invest 1.06 trillion rupees ($12.9 billion) in the nation by the year 2030.

With Walmart’s Flipkart and Mukesh Ambani’s billionaire-owned Reliance Retail as competitors in the e-commerce space, Amazon had earlier announced a $6.5 billion investment plan.

The new commitment for investments now totals almost $6.5 billion more.

The e-commerce behemoth’s declared investment during Modi’s visit joins those from other businesses, such as American memory chip manufacturer Micron Technology and semiconductor toolmaker Applied Materials, which have already made promises.

According to a blog post on the Amazon website, Modi and Jassy discussed empowering people and small businesses to compete globally, enabling exports, boosting Indian entrepreneurs, and creating jobs.

Separately, Google announced in a statement that it would establish a global fintech operation centre in Gujarat, a state in western India, with teams working on operations supporting its payment service GPay and other Google product operations.

“We shared Google is investing $10 billion in the India digitisation fund, and we are continuing to invest through that,” CEO Sundar Pichai told reporters in a video shared on Twitter by ANI company.

On the last day of his visit to Washington, Modi met with American and Indian technology leaders, including Tim Cook of Apple, Sundar Pichai of Google, and Satya Nadella of Microsoft, and he urged multinational corporations to “Make in India.”

(Adapted from ThePrint.in)