- Alphabet’s Google said on Monday it would invest a whopping $ 10 billion in India through its Google for India Digitization Fund.
- CEO Sundar Pichai said the investment will be made in the next five to seven years.
- The company has identified four areas of investment in India.
- In addition to localizing information in languages such as Tamil and Punjabi, Google will invest in technology and artificial intelligence to support sectors such as agriculture, education and health.
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Google CEO Sundar Pichai said Monday that the tech giant will invest a sizable $ 10 billion in India through the Google for India Digitization Fund.
Pichai, who is CEO of Google and its parent company, Alphabet, announced the news during the company’s annual Google For India event.
During the event, which was held digitally this year, Pichai said the investment will be made in the next five to seven years.
https://www.youtube.com/watch?v=zcCOI32RtU0
According to the CEO, Google will invest in four main areas: localization of information based on language, localized products and services, business empowerment and the use of technology and artificial intelligence to improve in various social sectors.
Google will focus its investment in 4 key areas
First, the company said it would allow affordable access and information for each Indian person in their own language, whether in Hindi, Tamil, Punjabi or any other language.
Second, Google said it is committed to creating new products and services that are specifically relevant to India’s unique needs.
Pichai said Google would use technology and artificial intelligence for social good, in industries like health and agriculture.
REUTERS / Rupak De Chowdhuri
Pichai also announced that the tech giant would be dedicated to empowering companies as they embark on or continue through digital transformation.
Finally, he said that Google planned to take advantage of technology and artificial intelligence for the social good, in industries and sectors ranging from health and education to agriculture.
“There is no doubt that we are facing a difficult time today, in India and around the world,” Pichai said. “The two challenges to our health and our economies have forced us to rethink how we work and how we live. But challenging times can lead to incredible moments of innovation. Our goal is to ensure that India not only benefits from the next wave of innovation but he leads it. “
Google also hopes to support more than 1 million teachers in 22,000 schools in India.
Google also announced a partnership with the Central Board of Secondary Education, just days after social media giant Facebook announced a partnership with the board.
Through its association, Google said its goal is to support more than 1 million teachers in 22,000 schools in India.
The technology giant also announced an additional investment of $ 1 million in the Kaivalya Educational Foundation, to train 700,000 teachers.
Teachers will receive online education training to improve children’s education in low-income communities in India.
The company’s chief marketing officer for India and Southeast Asia, Sapna Chadha, also spoke about Google’s efforts in vernacular language education in India.
She said that in recent years Google.org, Google’s philanthropic company, had funneled $ 12 million to companies like TheTeacherApp, Pratham and the Central Square Foundation to create content in local languages.
