Technology giant Google’s CEO, Sundar Pichai, has unveiled plans to invest $10 billion into India over the next five to seven years.
The investments will be made via the newly launched Google for India Digitization Fund. Google will do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments, said Pichai.
“This is a reflection of our confidence in the future of India and its digital economy,” said Pichai in a statement.
The investments will focus on four areas important to India’s digitization. These include enabling affordable access and information for every Indian in their own language, building new products and services that are relevant to India’s unique needs, empowering businesses in their digital transformation, and leveraging technology and artificial intelligence for social good in a