Sundar Pichai CEO of Google to Invest Rs 75,000 Cr In India over next 4-5 Years.
CEO of Google announced a $10 Billion Google for India 'Digitisation Fund' over upcoming next 4-5 years . Sundar Pichai also said: "We will do this through an ecosystem investment, partnerships, and infrastructure. This is a reflection of our confidence in the future of the digital economy in India".
July 13: Google and CEO Sundar Pichai declared at the Google for India virtual event. The investments will concentrate on four important areas of India's digitization, which include enabling affordable access and data for each Indian in their language. The language should be any of Hindi, Tamil, Punjabi, or some other.
The next is to develop new services and products which are deeply related to India's unique needs. Allowing companies to continue or embark on their electronic transformation and leveraging technology and AI for social good, in areas like education, health, and agriculture are the other regions.
Pichai said he wanted India to gain from the next wave of innovation and direct it. Google, he said, will Concentrate on the four areas of investment:
- Affordable access to Indian languages
- Building products and services in India
- Empowering Business
- Leveraging AI in Health Education and Agriculture.
"At Google, we have been proud to be a partner in India's digitization journey since 2004, when we started our first offices in Hyderabad and Bangalore. In those times, our focus was on getting useful and relevant information to Indian customers through Search, whether they were looking for their beloved Bollywood celebrity or cricket scores," Pichai said.
"Of course, all this progress was only possible due to a strong foundation of digital connectivity. Due to Prime Minister Modi's eyesight for Digital India has made huge progress. Low-cost smartphones, combined with cheap data, and also a world-class telecom infrastructure, have paved the way for new opportunities," he explained.
Pichai lauded the eyesight of Digital India, saying that India has made advances in the platform of Prime Minister Narendra Modi.
He also mentioned how the spread of this Internet consciousness in rural villages through applications like Internet Saathi has helped more than 30 million girls across India gain electronic abilities to improve their lives and their communities.