Microsoft announces $3 billion investment in India after Satya Nadella’s meet with PM Modi
Live MintAmerican big tech firm Microsoft Corp. will invest $3 billion in India to expand the country's artificial intelligence capacity and its own Azure cloud-computing services business in the nation, reported the news agency Reuters, citing Chief Executive Officer Satya Nadella speaking at an event on Tuesday, Janaury 7. “I am really really excited to announce the single largest expansion we have ever done in India by putting USD 3 billion additional dollars to expand our Azure capacity,” said the Microsoft executive on Tuesday. Meeting with Modi This move from the Microsoft Chief comes a day after his meeting with Prime Minister Narendra Modi, in which they discussed various topics, including technology and artificial intelligence. It was also wonderful discussing various aspects of tech, innovation and AI in our meeting,” said Prime Minister Modi in response to Nadella's post on X. Nadella's Telengana Meeting Before meeting PM Modi, Satya Nadella also met Telangana Chief Minister K. Revanth Reddy, along with his Cabinet Ministers, including D Sridhar Babu and Uttam Kumar Reddy, in Hyderabad on December 30, 2024, to discuss the company’s ongoing investments in the state and explore future collaborations in the technology sector.