Google is going to invest $10 billion in India in the upcoming next to seven years. Sundar Pichai, CEO of Google announced today during Google for India event. This fund is titled as Google for India Digitization Fund.
Pichai also said the fund will be used in equity, partnership, and infrastructure spending. Google is also planning to open in Bengaluru, Karnataka, India for Google AI Lab and Google Payments.
Currently, we are seeing many big tech giants are investing in India. As we have seen Facebook invested in Jio, India's biggest mobile network.
According to the World Economic Forum, India could be the "next Silicon Valley."
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