Google announces Rs 75,000 crore investment to boost digital growth in the country. Sunder Pichai, CEO of Google and model company Alphabet, announced at the annual conference of Google for India that it will invest $ 1 billion in various sectors over the next 5-7 years.
He had a video conference with Prime Minister Narendra Modi yesterday morning. Sundar Pichai said the Google for India Digitization Fund shows the company’s confidence in the future of the country and the digital economy.
The investment will be made through equity investments in various companies, partnerships, increased operations and infrastructure development. The company will focus on making information available to the public in local languages such as Tamil, Punjabi and Hindi, developing digital products tailored to the needs of Indians, supporting industries that support digital growth, and developing technologies and artificial intelligence systems for the growth of sectors such as health, education and agriculture.
“New technologies will be the first to arrive in India and there will be no need to wait,” he said. ‘The challenges to our health and the economy have caused us to change our minds. The fact is that the era of challenges will turn into a time of many beautiful discoveries, ”he said.
Google and Prasar Bharti have reached an agreement to launch a series of education programs to educate small businesses on the use of digital systems. Sundar Pichai also announced that this year, Google will provide training on online learning methods to 10 lakh teachers in 22,000 CBSE schools across the country.