"Our goal is to ensure India not only benefits from the next wave of innovation, but leads it", said Pichai. The Prime Minister took to Twitter to state that the two spoke in particular about how India's farmers, youngsters and entrepreneurs can be transformed with the power of technology. "During our interaction, Sundar Pichai and I spoke about the new work culture that is emerging in the times of COVID-19". Alphabet-owned Google will also develop new products and services that are "relevant to India's unique needs".More news: Lewis Hamilton 'So, so Happy' after Dominating Styrian Grand Prix
The investments will be made through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments, Mr Pichai said. He said that tech companies need to put in efforts to bridge the trust deficit. They also talked about the importance of data security and cyber safety, the PM added. At the Google For India 2020 virtual event, Sundar Pichai announced the new $10 billion Google for India Digitization Fund. Other areas of discussion included technological solutions to expand the scope of online education, access to technology in native language, use of AR/VR to give a stadium-like viewing experience in the field of sports, and progress in the area of digital payments.More news: Dozens of Florida hospitals at full ICU capacity
The company has identified four investment areas in India.More news: London region records six more COVID cases over weekend
Google has announced that it will invest a whopping $10 billion in India through the Google for India Digitization Fund. "This is a reflection of our confidence in the future of India and its digital economy", wrote Pichai. The fund will be invested in businesses, social impact projects and towards supporting the Indian government's digitisation efforts over the next 5-7 years.