Google will invest $10 billion in India in the next 5 to 7 years

Google recently announced a new project called India Digitization Fund, through which Google will invest $10 billion in India in the next 5 to 7 years.

Google plans to participate in the Indian Internet and informatization process through equity investments, partnerships, operations, infrastructure, and ecosystem investments.

The company said that India and other parts of the world are facing difficult times. The health and economic challenges of the new coronavirus force us to reconsider our working lifestyle.

But the challenging moments may also lead to incredible moments of innovation. Google’s goal is to ensure that India benefits from innovation to ensure that the good times can continue.

Investing in India from multiple aspects:

• First, enabling affordable access and information for every Indian in their own language, whether it’s Hindi, Tamil, Punjabi or any other
• Second, building new products and services that are deeply relevant to India’s unique needs
• Third, empowering businesses as they continue to embark on their digital transformation
• Fourth, leveraging technology and AI for social good, in areas like health, education and agriculture

Via: TechCrunch