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Google will invest $10 billion in India, as CEO Sundar Pichai says India will lead the next wave of innovation

Jul 13, 2020, 15:11 IST
Google for India screenshot

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  • Google has announced that it will invest a whopping $10 billion in India through the Google for India Digitization Fund.
  • Sundar Pichai, the CEO of Google said that the investment will be done over the next 5-7 years.
  • The company has identified four investment areas in India.
Google has announced that it will invest a whopping $10 billion in India through the Google for India Digitization Fund. During the company’s annual Google For India event which went digital this time, Sundar Pichai, the CEO of Google said that the investment will be done over the next 5-7 years.

Google will invest in the following four areas

  • 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.
“There’s no question we are facing a difficult moment today, in India and around the world. The dual challenges to our health and to our economies have forced us to rethink how we work and how we live. But times of challenge can lead to incredible moments of innovation. Our goal is to ensure India not only benefits from the next wave of innovation, but leads it,” said Pichai.

Google follows Facebook – partners with CBSE

Google has also announced a partnership with the Central Board of Secondary Education, just days after social media giant Facebook too had partnered with the board. Through its partnership, Google aims to enable over 1 million teachers across 22,000 schools in India.
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The tech giant also announced an additional investment of $1 million into Kaivalya Education Foundation to train 700,000 teachers on online education to impart knowledge to children in low income communities in India.

The company’s marketing head for India and Southeast Asia Sapna Chadha also spoke about Google’s efforts in vernacular language education in India. She said that over the last few years, Google.org, Google’s philanthropic venture, has invested $12 million into companies like TheTeacherApp, Pratham and Central Square Foundation to create content in local languages.



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