Tag: India Investment

  • Pegasystems Invests $7.5M in New Bengaluru Executive Briefing Center to Boost India Operations

    Pegasystems Inc. (NASDAQ: PEGA), a leader in enterprise AI software for mission-critical operations, has opened a new office at EcoWorld Tech Park in Bengaluru, India. The facility, representing an investment of over INR 60 crore (approximately $7.5 million), is one of the company’s largest infrastructure expansions in the country. This move underscores Pega’s long-term commitment to India as a hub for technology innovation, engineering excellence, and client engagement.

    The inauguration was led by Shri Priyank M. Kharge, Hon’ble Minister for Home, Information Technology & Biotechnology and e-Governance, Government of Karnataka, alongside senior global and India leadership from Pega.

    World-Class Executive Briefing Center

    At the heart of the new facility is the Bengaluru Executive Briefing Center (EBC), a high-impact space designed to enhance collaboration with clients, partners, and prospects. The EBC will host executive-level meetings, partner collaborations, immersive product demonstrations, solution showcases, roadmap and advisory sessions, and curated Pega Days. This investment reflects Pega’s commitment to bringing advanced capabilities and thought leadership closer to regional customers.

    The new office reinforces Bengaluru’s role as a strategic anchor in Pega’s global operations, serving as a center of engineering excellence and a key destination for client engagement across Asia-Pacific and beyond.

    Scale and Capability for Growth

    The new office is 1.5 times larger than Pega’s previous Bengaluru facility, expanding its footprint by about 60%. It features over 350 seats, 35+ meeting and conference rooms, and connected floors designed for collaboration and productivity. The workspace includes advanced AV-equipped meeting rooms, flexible seating zones, open collaboration areas, and recreational and wellness spaces, including a mother’s room.

    Aligned with Pega’s global workplace standards, the facility is certified under LEED, WELL, and IGBC Platinum standards, prioritizing natural light, air quality, energy efficiency, and employee well-being. Campus amenities include a food court, gym, daycare facilities, and strong public transport connectivity with upcoming metro access.

    Quotes and Commentary

    “Karnataka warmly welcomes Pegasystems’ expanded presence in Bengaluru,” said Shri Priyank Kharge. “This investment is a strong endorsement of the state’s position as a global technology hub and reflects the confidence that leading enterprises place in Karnataka’s talent and ecosystem.”

    “India is central to Pega’s global growth strategy, and this expansion reflects the confidence we have in the talent and capabilities here,” said Alan Trefler, founder and CEO of Pega. “The new Bengaluru Executive Briefing Center is a significant addition, designed to offer our clients a premier destination to experience Pega’s innovation first-hand.”

    “This new office marks an important milestone for Pega India,” said Deepak Visweswaraiah, senior vice president and managing director, Pega India. “It enables us to deliver immersive, high-value experiences for our clients right here in Bengaluru, from live demonstrations to strategic executive-level conversations.”

    About Pegasystems

    Pega delivers a platform to reimagine, run, and evolve the processes and decisions enterprises can’t afford to get wrong. Combining AI with proven architecture, Pega keeps mission-critical operations governed, scalable, and continuously adaptable. Since 1983, the world’s largest organizations have trusted Pega to turn transformation ambition into durable results.

  • Amazon CEO Andy Jassy Pledges $48 Billion India Investment After Meeting PM Modi

    Amazon CEO Andy Jassy Pledges $48 Billion India Investment After Meeting PM Modi

    Amazon has announced a massive $48 billion investment roadmap for India through 2030, following a meeting between CEO Andy Jassy and Prime Minister Narendra Modi. The plan focuses on artificial intelligence, cloud infrastructure, logistics expansion, job creation, and digital inclusion, reinforcing Amazon’s long-term commitment to India’s growth.

    During the meeting in New Delhi on June 25, 2026, Jassy revealed an additional $13 billion to expand AI and cloud infrastructure by 2030, bringing Amazon’s total planned investment in these areas to over $21 billion between 2026 and 2030. This investment will increase AWS data center capacity in Mumbai and Hyderabad, providing startups, enterprises, and governments with access to customized AI chips, AI managed services, secure cloud computing solutions, and developer tools.

    “We came to India over a decade ago and have since been serving customers, sellers, developers, start-ups, and enterprises through our different businesses. The response has been tremendous, with strong growth especially across our ecommerce, AI, and cloud businesses. As we grow Amazon in India, our business priorities continue to align with India’s priorities of democratizing access to AI, digitizing small businesses, creating jobs, and enabling exports,” Jassy said.

    Key Takeaways from Andy Jassy’s Meeting with PM Modi

    Amazon India also launched ‘Sammaan’, a comprehensive welfare program for thousands of delivery associates in its logistics network. Initiatives include scholarships to educate associates’ children, access to government benefits and financial inclusion programs, comprehensive insurance coverage, on-road safety measures, and more. As part of the program, Amazon will expand its Ashray rest centers to 250 locations this year, open to delivery associates across the industry.

    What it Means for India’s Digital Future

    Jassy thanked Prime Minister Modi for his leadership and highlighted the growing importance of India, where Amazon operates several businesses, including e-commerce, AI, cloud, and entertainment. “We are investing over $48 billion in the coming five years to meet the strong demand across our business in India and to help the country achieve these priorities. We are inspired by Prime Minister Modi’s vision of a Viksit and Atmanirbhar Bharat, and we are committed to being a long-term partner in India’s growth story,” he added.

    This investment from Amazon is expected to accelerate the digital revolution in India by improving its technological infrastructure, cloud computing, logistics, and innovation ecosystem. It signals that the rest of the world sees India as a digital powerhouse of the future.