Google to set up a ‘Google for India Digitisation Fund’, 

#GS2#Governance#

  • Through the fund, it will invest $10 billion in the country over the next five to seven years through a mix of equity investments, partnerships, operations, infrastructure, and ecosystem investments.
  • Google’s investment plan includes a renewed “focus on bringing more high-quality low-cost smartphones to enable Internet access”.
  • Google said its $10-billion fund will focus on areas such as enabling affordable access to the internet and to information for every Indian in their own language; building new products and services in segments like consumer tech, education, health, and agriculture; empowering businesses especially small and medium businesses to transform digitally; leveraging technology and artificial intelligence for digital literacy, outbreak predictions, and support for rural economies.

Source: PIB

Print Friendly and PDF

Previous   Next

blog comments powered by Disqus