Google will invest $10bn (£7.93bn) in India in the next five to seven years, the chief executive of its parent company Alphabet Inc has announced. Just before the event Indian Prime Minister Narendra Modi tweeted about his "fruitful interaction" with Google CEO Sundar Pichai.
"We are working towards developing one lakh digital villages across India and I would appreciate it if Google could pick a cluster of these villages and make them model villages in terms of skilling and delivery of telemedicine", Prasad added.
Pichai added that the fund will invest through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments. India has always been a strategic and important focus for Google.
Firstly, the Rs 75,000 crore investment will focus on help in enabling affordable access and information to every Indian irrespective of the language. Cashing in on the popularity and wider reach of the public broadcaster, Google will be launching an edutainment series on Doordarshan on how small businesses can adopt digital tools and adapt to the current situation, using examples of real life Indian businesses. He said the outbreak of the coronavirus has made clear the importance of technology for conducting business and for connecting with friends and family.
Empowering businesses and supporting them in their digital transformation.
There's no question we are facing a hard moment today, in India and around the world. Today, 26 million SMBs are now discoverable on Search and Maps, driving connections with more than 150 million users every month.
Among several other plans that the company revealed during its virtual conference, Google also announced that it has formed a new partnership with CBSE, Skill Education and Training.
At the event, Google also shared updates on the work it has been doing since the start of the Covid-19 outbreak in India.
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.
Sundar Pichai spoke at the annual Google for India event, held online.