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India Google announces $10 billion ‘digitization’ fund for India

India

India U.S. tech huge Google is investing in a $10 billion fund to reduction dash India’s transition to a digital economic system within the following five to seven years

July 13, 2020, 10: 15 AM

2 min be taught

NEW DELHI —
U.S. tech huge Google is investing in a $10 billion fund to reduction dash India’s transition to a digital economic system within the following five to seven years.

Sundar Pichai, CEO of Alphabet Inc’s Google, acknowledged Monday that the project will level of interest on constructing products that are relevant to India’s needs and empowering companies for his or her “digital transformation.”

“Our goal is to assemble clear India now not most attention-grabbing benefits from the following wave of innovation, nonetheless leads it,” Pichai acknowledged in a digital keynote at a Google for India tournament.

The company furthermore announced this may per chance make investments $1 million to make stronger digital education in India. It acknowledged the fund will allow 1 million teachers in 22,000 colleges throughout the country to make utilize of Google companies and products that could facilitate on-line learning.

High Minister Narendra Modi has made digitization a indispensable precedence for India.

He envisions a “Digital India,” where excessive-bustle Cyber web access will empower entrepreneurs to make instrument and other technology products to reduction elevate the regular of residing in a rustic where many households are peaceable impoverished.

Modi kinds himself as a frontrunner in contact with technology. He has with regards to 60 million Twitter followers.

Modi acknowledged in a tweet that he and Pichai met and discussed a large vary of subjects, “particularly leveraging the vitality of technology to transform the lives of India’s farmers, kids and entrepreneurs.”

“I became once overjoyed to grasp more about the efforts of @Google in loads of sectors, be it in education, learning, @—DigitalIndia, furthering digital funds and more,” he acknowledged.


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