At the sixth edition of Google for India, Alphabet and Google CEO announced new 'Google For India Digitisation Fund' in India.
Through this effort, Pichai revealed, Google will invest Rs 75,000 crore or $10 billion in India over the course of the next five to seven years.
Pichai says that the company will make this investment in India through a mix of equity investments, partnerships, and operational infrastructure in the ecosystem.
Expanding on the investment plan further, Pichai said that with the Google For India Digitisation Fund, investments will be done in four key ways:
- Enabling affordable access and information to every Indian in their own language
- Building new products and services that are deeply relevant to India's needs
- Empowering business as they continue to embark on their digital transformation
- Leveraging technology and AI for social good in areas like health, education, and agriculture
Google For India announcements
Besides the Google For India Digitisation Fund, Google, today, also announced an edutainment series for small and medium business in partnership with Prasar Bharti.
Google also announces a partnership with CBSE for skill education and training. By end of 2020, Google will enable 1 million teachers and 22,000 schools across India to "combine classroom approach with online learning" using free tools like G Suite, Google Classroom, Youtube, and more.
Additionally, Google.org also announced a new $1 million grant through its global distance learning fund. The grant will help teachers in India deliver virtual education for students to continue learning at home.
In a separate tweet posted a few minutes before the Google For India event kicked off, PM Narendra Modi revealed that he had a meeting with Sundar Pichai earlier today.
He said that the two "discussed the challenges the global pandemic has brought to areas such as sports. We also talked about the importance of data security and cyber safety."
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