Microsoft CEO Satya Nadella announced the $3 billion investment into India's AI and cloud computing infrastructure after a meeting with Prime Minister Narendra Modi on January 6.

Microsoft CEO Satya Nadella on Tuesday said the company plans to invest $3 billion in India on AI and cloud infrastructure over the next two years.

Microsoft will invest about $3 billion to expand capacity for artificial intelligence (AI) and its Azure cloud-computing services in India, CEO Satya Nadella said at an event on Tuesday. (Reporting by Deborah Sophia in Bengaluru;

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

Microsoft Corp. plans to spend $3 billion to expand its cloud computing and artificial intelligence capabilities in India, targeting the world’s most populous country to fuel its revenue growth.

Microsoft has kicked off the year in India with plans to grow its revenue. The firm plans to invest $3 billion to expand its cloud Azure and AI services in the country with the world’s largest population.