New Delhi: Giving a much-needed boost to a New India, Google CEO Sundar Pichai on Monday announced an investment of USD 10 billion (Rs 75,000 crore) in the country over the next 5-7 years through a “Google for India Digitisation Fund.”
The announcement followed his wide-ranging talks on a range of issues with Prime Minister Narendra Modi.
While addressing the Google for India event, Pichai asserted that the latest move is a reflection of the company’s confidence in the future of India and its digital economy.
“Today, I am excited to announce Google for India Digitisation Fund. Through this effort, we will invest Rs 75,000 crore or $10 billion in India in the next 5-7 years,” Pichai said.
These investments will focus on four key areas of India’s digitisation, he said.
This includes, enabling affordable access and information to every Indian in their own language, building new products and services relevant to India’s unique needs, and empowering businesses as they embark on digital transformation and leveraging technology.
Artificial Intelligence is the new future and for social good in areas like healthcare, education and agriculture it’ll be extremely beneficial.
Earlier, Google had launched Station in India in 2015, as a partnership between Google, Indian Railways and Railtel to bring faster, freer public WiFi to over 400 of the busiest railway stations in India and crossed that number by June 2018.