Google CEO Sundar Pichai announces investment of Rs 75,000 cr in India

Google Chief Executive Officer Sundar Pichai has announced an investment of 75,000 crore rupees in India through Google for India Digitisation Fund to help accelerate country’s digital economy.

Addressing the sixth annual edition of the “Google for India” virtual event yesterday, Mr. Pichai said the fund would be used over the next five to seven years through equity investments and tie-ups.

The tech giant asserted that the latest move is a reflection of the company’s confidence in the future of India and its digital economy.  He said the investments will focus on four key areas of India’s digitisation.