Home Technology Google Announced Rs 75000 Crore Fund for India's Digital Economy

Google Announced Rs 75000 Crore Fund for India’s Digital Economy

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Google Announced Rs 75000 Crore Fund to help accelerate India’s Digital Economy, its Chief Executive Officer Sundar Pichai said today, asserting that “we are proud to support” Prime Minister Narendra Modi‘s vision. Marking one of its biggest commitments to a growth market, the tech giant said the fund would be used over the next 5 to 7 years through equity investments and tie-ups.

“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,” Mr. Pichai, the 48-year-old Indian-American Google CEO, Sundar Pichai wrote in a tweet.

Google Announced Rs 75000 Crore Fund for India’s Digital Economy

“One of the challenges of this moment is that we can’t visit the people we love or the places we call home. During this time, the ability to be online has been a lifeline to so many of us: whether you’re a small business trying to stay afloat…a parent looking for updates on how to keep your family healthy … or a student trying to keep up with your studies. Being helpful in these moments is at the core of Google’s mission to organize the world’s information and make it universally accessible and useful,” Sundar Pichai, Madurai-born Google CEO said.

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