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Google to invest Rs 75,000 cr more to fast pace India's digital economy

Google to invest Rs 75,000 cr more to fast pace India's digital economy

India Blooms News Service | @indiablooms | 13 Jul 2020, 04:03 pm

New Delhi/IBNS: Google Chief Executive Officer Sundar Pichai has said the company would invest an additional Rs 75,000 crore to accelerate the pace of India's digital economy and added that the company is "proud to support" Prime Minister Narendra Modi's vision.

"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," the Google CEO wrote in a tweet.

"This is a reflection of our confidence in the future of India and its digital economy," Pichai said on a webcast during the annual 'Google for India' event, media reported.

"Investments will focus on four areas important to India's digitization," Google said in a statement.

"First, enabling affordable access and information for every Indian in their own language, whether it's Hindi, Tamil, Punjabi or any other. Second, building new products and services that are deeply relevant to India's unique needs. Third, empowering businesses as they continue or embark on their digital transformation. Fourth, leveraging technology and AI for social good, in areas like health, education, and agriculture," it added.