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| Google promises to invest $ 10 billion in India |
Google announced on Monday that it will spend about $ 10 billion in India on equity investments and relationship building over the next five to seven years. This is Google's largest market share. In strong growth.
The American technology giant announced that it will invest through the so-called "digital funds", which confirms Google's focus on the rapid growth of Indian applications and platform programs, and India is considered one of the largest Internet service markets in the world.
(Sundar Pichai) - CEO of the alphabet. It is Google's parent company that was streamed online at the annual Google for India event: "We will do this through a combination of partnerships, partnerships, operational investments, infrastructure, and ecosystems." : "It reflects our confidence in India's future and its digital economy."
In fact, Google has made direct and indirect investments in emerging Indian companies such as the Dunzo Local Delivery app. Bishay said in an interview with Reuters that Google will focus on investing in the fund in areas such as artificial intelligence and education in India.
It should be noted that Pichai, who was born in India, came to Google in 2004 and was praised for creating Chrome browser. Last year, Larry Page was replaced by the founder and CEO of Alphabet.
"Sundar Pichai, in charge of Google, is a very strong symbol of India's potential to create human resources," said Indian Minister of Technology (Ravi Shankar Prasad) at the event.
Another manager at Google, the owner of the Android mobile operating system that supports most of the nearly 500 million smartphones in India, has said he will continue to work with manufacturers to create affordable devices.