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Modi's US visit: Why Amazon, Google raised their India bet

American online major Amazon seems to be almost doubling its India investment going by the company s recent announcement during Prime Minister Narendra Modi s state visit to the US.

From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year.

By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company s investment would go up to more than $2 billion a year over the next seven years. ....

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