Google to Invest Rs 75,000 Crore in India
Google has pledged to invest Rs 75,000 crore in India under its ‘Google for India Digitization Fund’.
Google hosted its sixth ‘Google for India’ event on 13th July. In the event Google said that it would help India by giving digital services for India's development and also help control COVID-19 in India. CEO Sundar Pichai and other officials of Google made many announcements to solve the challenges faced by many Indians right now. Pichai announced the ‘Google for India Digitization Fund’ which will have an investment of Rs 75,000 crore (approx $ 10 billion). This amount will be invested by google over 5-7 years. The money will be invested to focus on affordable access to information in every Indian language, build new products, empower businesses, health, agriculture, education, etc. Google said that they are confident about India’s success, this is why they are investing such a large amount. Due to COVID-19, lakhs of schools shut down and lakhs of children have been affected. To help solve this problem, Google has promised to give $1 million to the Kaivalya Education Foundation. Google said they will help to train Indian teachers so that they can teach poor students through the Internet in India. Google has also partnered with the CBSE to train and upskill over 1 million (10 Lakhs) teachers in 22,000 schools.