Google has announced a 10 billion investment in India over the next five to seven years to compete with rivals Facebook and Amazon
According to the French news agency AFP, Sundar Pechai, Google’s Indian-born chief executive officer (CEO), said in a speech at the “Google for India” virtual event on Monday that the fund would help improve India’s digital economy.
“There is no doubt that we are going through difficult times in India and around the world, and the bilateral challenges facing education and health have forced us to re-examine who we are,” he said.
Living and working. However, these challenges are also giving us the opportunity to innovate.
It may be recalled that in recent years, foreign companies have invested billions of dollars in India’s growing digital economy.
Facebook, Intel and other companies have invested 16 billion in the digital services unit of India’s richest man Mukesh Ambani’s Geo in India this year alone.
The Google CEO also met Indian Prime Minister Narendra Modi on Monday and briefed him on his plan, but a statement issued by the Indian government said that Narendra Modi was committed to data security and privacy. Expressed his concerns regarding
“Technology companies have to work to restore trust,”
Meanwhile, Indian Prime Minister Narendra Modi said on social networking site Twitter that this morning our meeting with Sundar Pechai was very good, we discussed various topics, especially the use of the power of technology so that Indian farmers, youth And change the lives of business people.
The Indian Prime Minister said he was pleased to learn about Google’s efforts in various fields, including education and digital payments.
In response, Sundar Pechai also tweeted that the Prime Minister thanked you for your time, is very optimistic about your vision of Digital India and is determined to work towards it.
Originally published at https://zaviews.blogspot.com.
