Amazon will invest over $35 billion in India over the next five years, the company announced on Wednesday, revealing its investment plans across all its businesses. This as the tech giant seeks to deepen its involvement and commitment in boosting India's digital economy, artificial intelligence sector and employing more locals. Advertisement

The company's officials made the announcement at the sixth edition of the Amazon Smbhav Summit in New Delhi.

This investment comes as an addition to the approximately $40 billion that Amazon has already invested in India over the last 15 years.

The event also featured the release of the Economic Impact Report by consulting firm Keystone Strategy.

The new report highlights Amazon’s expanding stake in India, detailing how its combined investments in

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