Google to invest $10 billion in India
The tech giant Google will make the investment through equity investments and partnerships.
Technology giant Google will invest $10 billion in India over a period of five to seven years through equity investments and partnerships.
“This is a reflection of our confidence in the future of India and its digital economy,” Sundar Pichai, CEO of Alphabet, said on a webcast during the annual ‘Google for India’ event.
Investments will reportedly focus on four key areas of India’s digitisation. This includes -Enabling affordable access and information to every Indian in their own language; building new products and services relevant to India’s unique needs; empowering businesses as they continue to embark in digital transformation, and leveraging technology and AI for social good in areas like healthcare, education and agriculture.
“As we make these investments, we look forward to working alongside PM Narendra Modi and the Indian government, as well as Indian businesses of all sizes to realise our shared vision for a Digital India,” Pichai said.