Microsoft announces $3 billion investment in India after Satya Nadella’s meet with PM Modi

American big tech firm Microsoft Corp. will invest $3 billion in India to expand the country’s artificial intelligence (AI) capacity and its own Azure cloud-computing services business in the nation, reported the news agency Reuters, citing Chief Executive Officer (CEO) 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.