Ecommerce major Amazon on Saturday said it plans to invest $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.
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YouTube is testing an online-games offering
Pichai meets Modi announces Google will invest $10 billion in India's digitisation fund
Notably, Gujarat International Finance Tec-City is a central business district under construction in Gandhinagar district in Gujarat, India. "PM's vision for Digital India was way ahead of his time I now see it as a blueprint that other countries are looking to do," Pichai said after meeting Prime Minister Modi.
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Government in talks with multiple semiconductor companies for major investments over the next one year: Ashwini Vaishnaw
On Friday, US memory-chip maker Micron Technology announced it would set up an outsourced semiconductor assembly and testing plant at Sanand in Gujarat entailing an investment of $2.75 billion. Of this, Micron will invest $825 million, while the rest will be a combination of incentives from the central and state governments.
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Infosys refutes charges of having been awarded tainted govt contracts in Australian parliamentary hearing
PM Modi meets tech CEOs as Washington visit concludes
Biden and Modi gathered with CEO's including Apple's Tim Cook, Google's Sundar Pichai and Microsoft's Satya Nadella. Also present were Sam Altman of OpenAI, NASA astronaut Sunita Williams, and Indian tech leaders including Anand Mahindra, chairman of Mahindra Group, and Mukesh Ambani, chairman of Reliance Industries, the White House said.
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TikTok COO Vanessa Pappas steps down after five years
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