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Google to invest Rs 75,000 crore in India, says CEO Sundar Pichai

ANI Monday, July 13, 2020
Google to invest Rs 75,000 crore in India, says CEO Sundar Pichai

Google CEO Sundar Pichai on Monday announced an investment of Rs 75,000 crore or approximately US$10 billion into India over the next five to seven years through 'Google for India Digistation Fund'.

This move is significant as it comes in the middle of the COVID-19 pandemic and as multinational companies across the world look at alternative investment destinations.

"Excited to announce Google for India Digitisation Fund. Through it, we will invest Rs 75,000 crore or approx US$10 Billon into India over the next 5-7 yrs. We'll do this through a mix of equity investments, partnerships and operational infrastructure in ecosystem investments," said Pichai.

Pichai along with Union Minister Ravi Shankar Prasad virtually attended the sixth annual edition of Google for India.

"This is a reflection of our confidence in the future of India and its digital economy," said Pichai.

He added that the investments will focus on four areas important to India's digitisation.

Listing out the areas, Pichai elaborated, "First enabling affordable access and information to every Indian in their own language. Second, building new products and services that are deeply relevant to India's unique needs. Third, empowering businesses as they continue or embark on the digital transformation. Fourth, leveraging technology in AI for social good in areas like health, education and agriculture."

"When I was young, every piece of technology brought new opportunities to learn and grow but I always had to wait for it to arrive from some places. Today people in India no more have to wait for technology to come to you. A whole new generation of technologies is happening in India first," said Pichai.

Earlier today Prime Minister Narendra Modi interacted with Pichai and discussed a range of subjects like a new work culture in coronavirus times, data security and cyber safety.


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Gopi
Thursday, July 16, 2020
Good step for Development;
Development is a step by step process; and more important for a massive country like INDIA.

THING is today MOST OF THE big CRIMES AND ILLEGAL activities are done by WELL AND HIGHLY EDUCATED persons, so commenting on a PM like uneducated, shows complete frustration, hatred and personal grudge. More than Education, it is skill and your thoughts and actions determine.

Indians have NEVER CONTROLLED their POPULATION, they simply multiplied like ANYTHING, some want to develop their community, SOME for Personal matters. People need both Jobs, factories, companies and farms, WITH INDEPENDENT HOUSES AND BALCONIES ON A LIMITED LAND with HUGE POPULATION DENSITY.

DOES THAT MAKE SENSE...!!!

THINK like an EDUCATED FELLOW. SOME STEPS TAKEN BY governments are wrong, and it happens with everyone, BUT every step taken by them is not wrong, NO ONE IS PERFECT, EXPECTING PERFECTION from SOMEONE ELSE is also FOOLISHNESS.

UNIFORM CIVIL CODE is what we lack in INDIA, INDIA is still called as caste based, religion based and cows, no toilets. Who is responsible for UNTIDY AND DIRTY INDIA.

Does INDIANS have to be taught how to be clean and keep clean on the sorroundings by the govt.

1.38 billion people and still race is going on to produce more, all are engineers and doctors but no one is agricultural scientist or in arts or in literature.... India cannot create only ENGG jobs or factories, or only hosptials for high salaries. Everyone needs high salaries but no one wants to work better.

Projects takes years of delays, even with very bad quality. Are the politicians only to be BLAMED??? where are the quality experts and engineers.

Uniform civil code, skill, extensive labour reforms more importantly PATRIOTISM is what we need. UCC stops all caste based, religion based, region based politics. All will be equal and for development of the country.

Jai HIND.

Gopi
Thursday, July 16, 2020
For some Clarifications,

Horse Urine is used in medicine Premarin;

Camel urine, Locusts are even drunk by few and served as meals, anyway no comments on that.

99% of Indians are PATRIOTIC only in SOCIAL MEDIA, not in REAL LIFE. Infact, everyone wants to loot and Use for themselves. Recent plasma donation for Coronavirus clearly shows that. Out of recovered 100k, some few thousands donated.
Not just politicians, almost EVERY INDIAN is never PATRIOTIC, this is the truth.

For a Prominent Company to establish, we need to have available raw materials as well... Many have been forcefully stopped in India recently under pressure from opposition with the reason, pollution and safety.

China has KEY FEATURES for development within just 30 years, UNIFORM CIVIL CODE, SKILL, CHEAP LABOUR, PATRIOTISM.

INDIANS lack Patriotism, they can improve skill easily, infact many have it, WHAT THE COUNTRY needs the most at present is UNIFORM CIVIL CODE. we don''t want any CASTE BASED, RELIGION BASED, REGION OR LANGUAGE BASED POLITICS, all should be treated equal.

ONLY the poor and Physically handicapped need extra SUPPORT.

UNIFORM CIVIL CODE IS THE KEY FOR CHINA''S and most developed countries SUCCESS. To remove all differences, it will play a key role in development and upliftment of the society. I don''t understand why educated people oppose that.

From the past 70 years, india was hailed as caste and cows by the western media, and it''s mostly true. We have been in that circle even today.

Wonder, still we don''t have a proper ID SYSTEM and WELL DEFINED COUNTRY BORDERS and BOUNDARIES. WHAT''S the governments did these many years.

For a MASSIVE COUNTRY like INDIA, it is difficult to DEVELOP overnight within 5-10 years when there are so many issues and differences.
Reliance is into Semiconductor business for chips and electronics.
L&T, AFCONS, MEGA ENGG and many more companies are heavily into Construction. EU to make good investment.

Let''s hope. JAI HIND.


Rocky
Thursday, July 16, 2020
99% of Indians are not PATRIOTIC to be frank, everyone wants to use for their own selfishness or whatever.
Or else caste based, region based, language and others based politics and reservations would have been OPPOSED way before.

People take money before elections and later blame the govt after getting elected. Because everyone wants to take advantage of it for THEMSELVES, nobody wants to work for COUNTRY.
Even in Construction projects, govt schemes, private companies, almost all are the same.

I think it''s not just politicians who are wrong, almost all, Most of the indians are CORRUPT.

This is what happened from many years... 70 years have passed and we don''t have a ID system, no well defined Country boundaries.
What was developed is differences, vote banks, caste and other based RESERVATIONS.

EXPECTING A MASSIVE country LIKE INDIA, to develop in 5-10 YEARS TIME time is a foolish thing. When there are so many differences and internal issues.

Think like an educated person....!!!

Rocky
Thursday, July 16, 2020
For few clarifications,

Horse urine is used in medicine Premarin.
Camel urine, locusts are considered as medicine by few and even some drink, eat directly.

Great move by the government, more to come from European Union.

Reliance on the track of building Chips, semiconductors, electronics in INDIA, with the help of South Korea Samsung.

L&t, AFCONS, mega engineering and others going to build many construction projects altogether. Pune metro, Bhopal metro and so on.

Experts think UNIFORM CIVIL CODE is best for India, removing caste based, region, language and others based politics.

Only Poor and physically handicapped need extra support.

Long live, India. Prayers for all in this crucial times.

Being Human
Thursday, July 16, 2020
In India, we dont have one Mobile company where our PM can say Made In India,everything from out of India,except corruption nothing is there to say Made In India. Modi G given opportunity for Patanjali as all are Urine drunkards,so many people killed in the name of Gau Mata/CAA/NRC/Tripple Talaq Etc etc as a Pm what step he has taken ?can any reply if they really love only who loved Humanity.

Patel
Wednesday, July 15, 2020
Another masterstroke by economic visionary Modiji. BJP as usual promoting economic growth at fast pace. Welcome move during Coruna epidemic.

Jolly Desai Swamy
Tuesday, July 14, 2020
This is indirect FDI / bribe for entering India and passing laws and rules in favour of Google Inc.
But of course, naive people will say ''kya baat hai'' & ''good mahan move''..... and by the time their privacy is invaded like in China, USA, etc.. these same naive people will cry.
There is no such thing as a free lunch, one must be very careful before accepting free gift and bonus from anybody.

zaki
Tuesday, July 14, 2020
All will go in party fund only.... What we can expect from an uneducated PM?

Ravi Balraj
Monday, July 13, 2020
Good move from Google, more & more companies waiting to come India, Jai Bharat.

Alok Nigam
Monday, July 13, 2020
Wah Kya Baat Hai.

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