Google CEO Announces $10 Billion ‘GoogleForIndia’ Digitization Fund | GPlus Guwahati News

Thursday, 13 August 2020

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Google CEO Announces $10 Billion ‘GoogleForIndia’ Digitization Fund

G Plus News | July 13, 2020 16:45 hrs

GUWAHATI: CEO of Google, Sundar Pichai announced a $10 billion ‘GoogleForIndia’ Digitization Fund under which Google will invest about Rs 75,000 crores in India over the next 5 to 7 years.

"I am glad to announce  – Google for India digitization fund – it's $10 billion dollars for India alone," Sundar Pichai tweeted.

His announcement came in after his virtual meeting earlier today with Prime Minister Narendra Modi.

Google India Digitization Fund will be used for investments in Indian innovations and development of infrastructure and will focus on four major areas 

- affordable access to Indian languages, 

- building new products and services unique to India, 

- empowering business,

- and leveraging artificial intelligence (AI) in health, education, and agriculture.

Google’s investment will comprise a mix of equity investments, partnerships and operational infrastructure in ecosystem investments said the Google CEO.

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