Google will invest $10 billion in India over the following five to seven years, to consolidate its position the world’s fifth-largest digital ecosystem.
Google CEO Sundar Pichai unveiled the Google for India Digitization Fund, through which the corporate will invest within the country.
“We will do that through a mixture of equity investment, partnerships, operational investments, infrastructure, and ecosystems,”. He said in an exceeding video conference that specializes in India at the company’s annual event: “This is India’s future and its digital Refers to our confidence within the economy. “
The investments will specialize in four areas:
First of all, enabling affordable access and knowledge in every language for each Indian, be it Hindi, Tamil, Punjabi, or the other language.
Second, creating new products and services that relate to India’s needs.
Third, empowering businesses to continue a digital transformation.
Fourth, to leverage technology and computing for social well-being in areas like health, education, and agriculture
Pichai said Google wants to boost Internet development in India. Which currently has more than 500 million active users and is helping 500 million more people connect to the Internet.
He said that apart from investing in money. Google will also focus on areas such as artificial intelligence and education in India.
Google has already made some direct and indirect investments in Indian delivery such as Dunzo Domestic Delivery. Pichai also said that Google’s efforts in India have deepened our understanding of how technology helps all kinds of people. Creating products for India previously helped us create better products for users everywhere.
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