Tech giant Google has pledged $10 billion to India to help accelerate digital services, while the cash-loving nation is reportedly witnessing a shift to digital payments in wake of Covid-19.
Sundar Pichai, chief executive of Google, said on Monday that the search giant will launch the India Digitization Fund – a huge money drive taking place over the next five to seven years that will result in $10 billion in funding for the world’s second-most populous country.
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
In the announcement, India-born Pichai said that the mission was ‘deeply personal’ to him, and will involve Google making multiple investments in the country.
The four areas of focus include making information accessible and affordable regardless of creed, culture or sex, building new products and services relevant to India’s unique context, empowering businesses and guiding them through their digital transformations as well as ‘leveraging technology and AI for social good, in areas like health, education, and agriculture.’ (RT)
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