Google bets 10 billion on India

With a $ 10 billion investment spread over the next five to seven years, Google aims to support and accelerate India's technological development. This was announced by Sundar Pichai, CEO of the Californian group as well as of the parent company Alphabet, originally from a southern region of the country.

Google for India Digitization Fund

The Google for India Digitization Fund will serve to finance local business activities, to create partnerships and to build infrastructures. It will be aimed at four macro-categories of initiatives: development of communication services with focus on the language (22 different languages ​​are spoken in the area in addition to English), planning of programs for the digitalization of business, creation of products structured in such a way respond to the specific needs of Indian users and implement projects that leveraging artificial intelligence will be of collective benefit in areas such as health, education and agriculture.

Staying on topic, to understand how much India is set to become central to the online and hi-tech landscape within the next few years, over the weekend Qualcomm announced that it has disconnected a $ 97 million commitment destined for Reliance Jio Platforms, a local reality that among other financiers already boasts names of the likes of Facebook and Intel.

Only a few days ago the group o Mountain View has announced a project that is not too different and destined for our country: Italia in Digitale, with an investment of 900 million dollars that will serve to support the restart phase. The creation of cloud regions on the territory is also expected.

Source: Google