black samsung tablet display google browser on screen
source: Google for India 
 
 
Hyderabad, Bangalore | Google gave India a  $10 billion digitization fund on July 13. Google CEO Sundar Pichai announced the fund through its video, which will help accelerate India’s digitization  and boost digital economy through this fund
 
Google CEO Sundar Pichai
 
 
Google CEO Sundar pichai said in his video that “I’m excited to announce the Google for India Digitization Fund. Through this effort, we will invest ₹ 75,000 crore, or approximately $ 10 billion, into India over the next 5-7 years. 
 
We “You’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.” as said by Sundar pichai’s google blog

Sundar Pichai’s Tweet about investment

Today ( on 13 July, 2020) Google for India, we announced a New $10B digitization fund to help accelerate India’s digital economy. We’re proud to support P.M Sh. Narendra Modi Vision for Digital India-many thanks to Minister Sh. RS Prasad & Minister Dr. RP Nishank for joining us.

Today at #GoogleForIndia we announced a new $10B digitization fund to help accelerate India’s digital economy. We’re proud to support PM @narendramodi’s vision for Digital India – many thanks to Minister @rsprasad & Minister @DrRPNishank for joining us. https://t.co/H0EUFYSD1q

— Sundar Pichai (@sundarpichai) July 13, 2020

 
Investment of Fund focus on four Areas
  1. Enabling affordable access and information in your language for every Indian, be it Hindi, Tamil, Punjabi or any other 
  2. Creating new products and services that are deeply relevant to India’s unique needs 
  3. Empower businesses as they continue or begin their digital transformation
  4.  Benefits of technology and AI for social well-being in areas such as health, education and agriculture
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