Amazon pledges $35 billion for India by 2030, with a quick commerce push

Amazon will step up investments in India to $35 billion by 2030 — an increase of about $20 billion from a previously stated commitment — as it ramps up 10-minute delivery and doubles down on other businesses, said Amit Agarwal, its senior vice-president for emerging markets. The company invested $40 billion in India in the 15 years to 2024, he said.

Agarwal told ET the Jeff Bezos-founded ecommerce and tech giant has registered strong traction in cities where the service has been launched, taking on Eternal-owned Blinkit, Swiggy’s Instamart and…