The company, "Alphabet", owner of "Google" today announced that it will invest 10 billion dollars in India over the next five to seven years, as the Internet giant seeks to enhance its presence in one of the largest growing markets.
Sundar Pichai, Google's CEO, launched the Google Fund for India's digitization, through which the company will make investments in India.
“We will do this through a range of equity and partnerships investments, operating investments, infrastructure investments and the ecosystem, as this reflects our confidence in India’s future and its digital economy,” said Bishay during the company's annual events in India.
He explained that the investments will focus on facilitating access to information, displaying new products, as well as enabling companies for their digital transformation and enhancing artificial intelligence in the areas of health, education and agriculture.