Google sets up 10 billion India digitisation fund

13 Juillet, 2020, 13:08 | Auteur: Auguste Feret
  • Google for India 2020 event to take place today at 2 pm Heres how to watch it live

During the company's annual Google For India event which went digital this time, Sundar Pichai, the CEO of Google said that the investment will be done over the next 5-7 years. With that, it's a wrap for 2020's India specific announcements from Google. Through its partnership, Google aims to enable over 1 million teachers across 22,000 schools in India. The hub is designed to streamline internet connectivity, collate study material in local Indian languages (courtesy Google.org's $12 million grants to create such content), and pull together a full fledged education offering of remote learning. Sengupta also spoke about "jobs", which are reportedly helping companies unite with potential recruits swiftly.

Google India Digitization Fund will be used for investments in Indian innovations and development of infrastructure, Sundar Pichai said.

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Google's product and business leaders for India and Payments domain, among others, are likely to announce initiatives for Digital India at the event which will be livestreamed on YouTube and will have the Minister for Communications, Electronics and IT, Ravi Shankar Prasad, in attendance.

Pichai also added, "Our goal is to ensure India not only benefits from the next wave of innovation, but leads it". The fund will be invested in businesses, social impact projects and towards supporting the Indian government's digitisation efforts over the next 5-7 years. "We spoke on a wide range of subjects, particularly leveraging the power of technology to transform the lives of India's farmers, youngsters and entrepreneurs", Prime Minister Modi also earlier tweeted.

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