Active Hackathon

Google Announces Rs 75,000 Crore India Digitisation Fund

“Our goal is to build a more helpful Google for everyone.”- Sundar Pichai

Sundar Pichai, CEO of Google and Alphabet today announced a $10 billion Google for India Digitisation Fund in order to help accelerate the digital economy of the country.  

Pichai stated, “Today, I’m excited to announce the Google for India Digitization Fund. Through this effort, we will invest ₹75,000 crores or approximately $10 billion, into India over the next 5-7 years.” He added, “We’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.”

THE BELAMY

Sign up for your weekly dose of what's up in emerging technology.

According to Pichai, the investment of this Digitisation Fund will mainly focus on four areas that are important to India’s digitisation. They are mentioned below-

  1. First, enabling affordable access and information for every Indian in their own language, whether it’s Hindi, Tamil, Punjabi or any other.
  2. Second, building new products and services that are deeply relevant to India’s unique needs.
  3. Third, empowering businesses as they continue or embark on their digital transformation.
  4. Fourth, leveraging technology and AI for social good, in areas like health, education, and agriculture.

Since 2004, the tech giant has been a proud partner in India’s digitisation journey. Sundar also mentioned some of the progress that has been witnessed in these few years, such as the online presence of small businesses in India,  digital payments through GooglePay, Programs for women like Internet Saathi, AI flood forecasting system, Read Along, which is an AI-powered reading tutor app, among others. 

Watch the video-

More Great AIM Stories

Ambika Choudhury
A Technical Journalist who loves writing about Machine Learning and Artificial Intelligence. A lover of music, writing and learning something out of the box.

Our Upcoming Events

Conference, in-person (Bangalore)
Machine Learning Developers Summit (MLDS) 2023
19-20th Jan, 2023

Conference, in-person (Bangalore)
Data Engineering Summit (DES) 2023
21st Apr, 2023

Conference, in-person (Bangalore)
MachineCon 2023
23rd Jun, 2023

3 Ways to Join our Community

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Telegram Channel

Discover special offers, top stories, upcoming events, and more.

Subscribe to our newsletter

Get the latest updates from AIM