Google has said it plans to invest $10bn in India in the coming years, including in infrastructure and equity investments, as Silicon Valley companies jostle for a position in one of the world’s fastest-growing internet markets.
Sundar Pichai, chief executive at Google and its parent company Alphabet, announced the scheme after speaking with India’s prime minister Narendra Modi on Monday. Mr Modi described the conversation as “extremely fruitful”, discussing new working practices during the coronavirus pandemic as well as security and safety online.
“This is a reflection of our confidence in the future of India and its digital economy,” Mr Pichai said at an online event.
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