Less than a year after its last major commitment to the country, internet giant Google has announced it will invest a further $10 billion in over the next few years.
At its (virtual) Google For India event, CEO Sundar Pichai spoke at length about what a big deal India is to him, what with him growing up there and everything. He eventually cut to the chase, saying: “Today, I’m excited to announce the Google for India Digitization Fund. Through this effort, we will invest ₹75,000 crore, or approximately $10 billion, into India over the next 5-7 years. We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments.”
Here’s how it will break down:
Pichai plugged the Indian PM’s cunning plan to digitize India repeatedly, so this move seems to have a political element. It also coincides with growing animosity between India and China, including the banning of a bunch of Chinese apps in India, so this move could be interpreted as Google picking a team in that region. You can judge for yourself from the full presentation below.
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india you will pay you have no right to ban china superior technology!india need listen to beijing and behave well.chinas apps very safer and dont steal the information have best private use.china always tell true thing and never make the mistake.