Bezos says Amazon to invest additional $3 billion in India

India’s Prime Minister Narendra Modi (L) presents the Global Leadership Award to Amazon CEO Jeff Bezos at the U.S.-India Business Council (USIBC) 41st annual Leadership Summit in Washington, U.S., June 7, 2016.

Reuters/Yuri Gripas

Amazon Inc (AMZN.O) Chief Executive Jeff Bezos said on Tuesday the company would invest an additional $3 billion in India, boosting the company’s committed investment in the country to $5 billion.

“I am pleased to announce today that Amazon will invest an additional $3 billion on top of the $2 billion investment we announced in 2014 to bring our total committed investment in India to over $5 billion,” Bezos told an event in Washington attended by Indian Prime Minister Narendra Modi, who also met on Tuesday with President Barack Obama.

(Reporting by David Brunnstrom; Editing by Leslie Adler)