Google To Invest $10 Billion In India Over Next 5 Years, CEO Sundar Pichai Announces India Digitisation Fund

This investment will be made over the period of next five to seven years.

In a company announcement Pichai called this initiative a deeply personal mission and credited the Digital India mission for "making huge progress in getting a billion Indians online".

This $10 billion dollar fund will be invested via a mix of equity investments, partnerships, operational, infrastructure and ecosystem investments, and will focus on four key areas.

This announcement by Pichai followed his meeting with Prime Minister Narendra Modi wherein they discussed ways to attract FDI to India and the role of technology companies in kick-starting the economy.

Prime Minister Modi had taken to twitter earlier today to announce that in his meeting with Pichai they discussed a wide range of subjects with a particular emphasis on leveraging the power of technology to transform the lives of India’s farmers, youngsters and entrepreneurs.