Google to invest $10 billion in India

Google plans to invest $10 billion in India. The statement was issued by Sundar Pichai, CEO Google as he introduced Google for India Digitization Fund that will be used to make investments in the country. The company will be investing this money in the next five to seven years in an aim to escalate the adoption of digital services in this major overseas market. Addressing in a video conference at the company’s annual event focused specifically on India, Sundar said: “We’ll 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,”

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