All section Close
Google Announces Rs 75,000 Crore Fund To Boost India's Digital Economy
Writer: Navya Singh
Navya writes and speaks about matters that often do not come out or doesn’t see daylight. Defense and economy of the country is of special interest to her and a lot of her content revolves around that.
India, 13 July 2020 9:49 AM GMT | Updated 13 July 2020 10:12 AM GMT
Creatives : Abhishek M
" An engineer by profession, Abhishek is the creative producer of the team, graphic designing is his passion and travelling his get away. In more ways than one, he makes the content visually appealing."
"This is a reflection of our confidence in the future of India and its digital economy," Google CEO Sundar Pichai said at the Google for India event.
Google on Monday, July 13, announced 10 billion dollar fund in a massive step to boost and accelerate India's digital economy.
Google CEO Sundar Pichai said that the company will invest Rs 75,000 crore in India over the next 5-7 years.
"Through this effort, we will invest Rs 75,000 crore, or approximately $10 billion, into India over the next five-seven years. We will do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy," Sundar Pichai said at the Google for India event.
Today at #GoogleForIndia we announced a new $10B digitization fund to help accelerate India's digital economy. We're proud to support PM @narendramodi's vision for Digital India - many thanks to Minister @rsprasad & Minister @DrRPNishank for joining us. https://t.co/H0EUFYSD1q
— Sundar Pichai (@sundarpichai) July 13, 2020
The announcement came soon after Prime Minister Narendra Modi interacted with Google CEO on Monday, July 13, and discussed a new work culture amid the ongoing COVID-19 pandemic. PM Modi also discussed data security and cyber safety with the Google CEO.
PM Modi termed that interaction "fruitful" and appreciated Google's efforts in the field of education, Digital India, and digital payments.
This morning, had an extremely fruitful interaction with @sundarpichai. We spoke on a wide range of subjects, particularly leveraging the power of technology to transform the lives of India's farmers, youngsters and entrepreneurs. pic.twitter.com/IS9W24zZxs
— Narendra Modi (@narendramodi) July 13, 2020
"During our interaction, Sundar Pichai and I spoke about the new work culture that is emerging in the times of COVID-19. We discussed the challenges the global pandemic has brought to areas such as sports. We also talked about the importance of data security and cyber safety," PM Modi tweeted
"I was delighted to know more about the efforts of Google in several sectors, be it in education, learning, Digital India, furthering digital payments and more," the Prime minister said in another tweet.
Also Read: Padmanabha Swamy Temple To Be Managed By Ex-Royal Family: Rules Supreme Court
Must Reads
We are an independent and public-spirited digital media platform for Indian millennials. We report news and issues that matter as well as give you the opportunity to take action.
