Google CEO Sundar Pichai and Amazon CEO Andrew Jassy have made significant investment announcements following their meetings with Prime Minister Narendra Modi during his US visit. These investments aim to drive digital transformation, promote local language content, generate employment, and boost the global export of Indian products.
During the meeting, Pichai shared Google’s plans to establish a global fintech operation center in GIFT City, Gujarat, showcasing their commitment to expanding their presence in India. Additionally, Google will invest $10 billion in the India Digitization Fund, further advancing the country’s digital revolution.
Pichai also mentioned Google’s intention to expand its virtual assistant, Bard, to more Indian languages, promoting inclusivity and accessibility for a wider population.
Recognizing the Prime Minister’s visionary approach, Pichai commended Modi’s Digital India initiative, which has set a global benchmark for digitalization efforts.
Similarly, Amazon’s CEO, Andrew Jassy, expressed the company’s keen interest in contributing to India’s growth. Amazon takes pride in being part of India’s progress journey and is committed to driving its economic development further. With an investment totaling over $11 billion under our belt already directed into India’s economy, our upcoming allocation worth over $15 billion doubles down our efforts even further- now committing over an impressive sum of 26$ Billion overall! These investments brought forward by Amazon stimulate community-driven development through job creation and underscore the importance of digitization for small and medium-sized businesses. Moreover, they aim to foster brand India’s growth on the global level by expanding the export of Indian products overseas.
These investment commitments from global tech giants like Google and Amazon underscore India’s potential as a hub for technological advancement and economic growth. The investments will drive India’s digital economy and foster innovation.