US firms pump money in India as Biden eyes geopolitical goals
Amazon and Google are the latest companies to announce massive investment plans in India amid US President Joe Biden’s efforts to 'send a message to China' by cementing India’s position as a close ally.
Amazon said on Friday it will take its investments in India to $26 billion by 2030, adding $6.5bn in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.