Google To Invest $10bn In India

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Google To Invest $10bn In India

In this file photo taken on January 22, 2019, a technician passes by a logo of US internet search giant Google during the opening day of a new Berlin office of Google in Berlin. Tobias SCHWARZ / AFPGoogle said Monday it will invest $10 billion in India over the next five to seven years as it battles rivals like Facebook and Amazon in the vast market of 1.3 billion consumers.

“There’s no question we are facing a difficult moment today, in India and around the world. The dual challenges to our health and to our economies have forced us to rethink how we work and how we live,” Pichai said. Foreign firms have spent tens of billions of dollars in India in recent years as they fight for a piece of the Asian giant’s burgeoning digital economy.

Pichai on Monday briefed Prime Minister Narendra Modi on his plans, but a government statement suggested that Modi also expressed concerns about data security and privacy.

 

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