Google will invest in Rs. The company’s CEO Sundar Pichai announced at the annual Google for India event that India will have 75 billion rupees (about 10 billion US dollars) in the next five to seven years. This is the sixth edition of Google for India, which actually happened due to the coronavirus pandemic. Pichai said funding will be provided through a combination of equity investment, partnerships, and operations, infrastructure, and ecosystem investments. Pichai added that these “investments will be concentrated in four areas that are important to India’s digitalization.”

Pichai explained in his blog that the global pandemic “propelled the spread of digital tools” in India. With the latest round of financing from Google for India Digitization Fund, the technology giant will focus on obtaining information in more Indian languages ​​(such as Hindi, Tamil, Punjabi, etc.). Google, owned by Alphabet, will also develop new products and services “related to India’s unique needs.” The company added that it will support companies to increase their digital footprint and use AI technology to promote social welfare in areas such as healthcare, education, and agriculture.

Pichai talked about Google: The Digital Foundation of India.

Minister of Communications, Electronics and IT Ravi Shankar Prasad, speaking of Google’s investment in India owned by Alphabet, said that Google is recognizing India’s power in digital licensing and innovation.

He added: “India’s potential digital potential, the world’s third largest emerging enterprise movement, and the rapid development of electronics manufacturing… are all huge opportunities and need to make full use of its full potential.”

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this year, Amazon CEO Jeff Bezos announced an investment of US$1 billion (75.17 billion rupees) to digitize Indian SMEs. This new investment adds to Amazon’s existing funding of more than US$5.5 billion (41,344 million).


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