Google to invest $10B in India under the leadership of CEO Sundar Pichai ('93)
The Economic Times-Tech (July 14, 2020)
Google to invest $10 billion in India, will use money to up digital stake
New Delhi|Bengaluru: Google will invest $10 billion in India over the next five to seven years with the aim of consolidating its position in the digital ecosystem of the world's fifth-largest economy that is emerging as a battleground for global internet giants.
Alphabet Inc-owned Google's outlay for India--nearly double the $5.7 billion investment made by rival Facebook in the digital platform of India's largest conglomerate Reliance Industries in April--will be deployed through a mix of investments and partnerships, chief executive officer Sundar Pichai ('93) told ET in an exclusive interview on Monday morning.
"It's a unique opportunity given where India is poised. We are looking forward to working with Indian businesses of all sizes," he said in the video interview. (Read More)