Information technology company Google will invest Rs 75,000 crore ($10 billion dollars) in the country to build a digital India.
The announcement was made by Sundar Pichai, Chief Executive Officer (CEO) of the world’s largest IT company.
Google will invest 10 billion US dollars in the next 5 to 7 years to build a digital India.
The figure in Indian currency is about 75 thousand crore rupees. On 13th July 2020 (Monday).
Sundar Pichai had a long discussion with India Prime Minister Narendra Modi “We will invest in a variety of areas, including equity investment, partnership, and operational, infrastructure and ecosystem investment,” Sundar Pichai (Chief Executive Officer of Alphabet of Google) said.
Prime minister Narendra Modi tweeted the matter on Monday.
The Prime Minister said that great discussions have been held with the CEO of Google Discussions have taken place on how to use technology for Indian farmers and entrepreneurs, including the coronavirus epidemic.
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Investment is Focus on the main 4 are in a meeting
- Access all information for every Indian in their own language, whether it’s Hindi, Tamil,Bengali, Punjabi or any others.
- Create a new product and services that are deeply relevant to all Indian.
- Growth in businesses as they continue or embark on their digital transformation.
- Growth in technology and artificial intelligence for social good, in areas like health, education, and agriculture.
India is largest market for Google because most of Indian access the services like You Tube, Facebook , Instagram etc.
More than 550 million of people user active in smart phone daily in India.
For this investment of Google economic growth increase and also decrease the unemployment rate in India.
Google CEO Sundar Pichai is optimistic about the success of the whole initiative.