Google CEO Sundar Pichai met with Indian Prime Minister Narendra Modi on Friday, July 13, 2020. During the meeting, Pichai announced that Google would be investing $10 billion in India’s digitisation fund. The investment will be made over the next five to seven years. The focus of the investment will be on four key areas.
Enabling affordable access and information for every Indian in their own language is a top priority. Investments in infrastructure, like expanding broadband internet, are crucial. We also focus on developing products and services that facilitate easy access to information in native languages.
Google is focused on creating products and services that cater to India’s specific requirements. They prioritize sectors like agriculture, healthcare, and education. The company has already made substantial investments in these fields. The new fund will further support their innovation efforts, enabling them to develop more offerings that address the demands of Indian users.
Empowering businesses in their digital transformation journey. This includes investments in helping small and medium-sized businesses (SMBs) go online and grow their businesses through digital channels. Google has a long history of working with SMBs in India. The new fund will allow them to continue providing tools and support for success.
Leveraging technology and AI for social good is a key focus for Google. They invest in areas like digital literacy, outbreak predictions, and support for rural economies. Google has a strong track record of using technology for social good. The new fund enables them to continue their important initiatives in these areas.
The $10 billion investment from Google is a significant vote of confidence in India’s digital economy. It is a clear sign that Google believes that India is a key market for the future, and that they are committed to helping India realize its digital potential.
