Google to invest $10bn in India

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Alphabet Inc’s Google on Monday said it will invest 10 billion dollars in India over the next five to seven years as the internet giant looks to boost its presence in one of its biggest growth markets.

Google’s chief executive Sundar Pichai launched the Google for India Digitisation Fund through which it will be making the investments in the country.

“We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments.

“This is a reflection of our confidence in the future of India and its digital economy,” he said at the company’s annual event in India held online.

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Source: Nigerian Tribune