Google to build more products in India for the world: Sundar Pichai
Darpan News Desk IANS, 02 Feb, 2022 02:53 PM
New Delhi, Feb 2 (IANS) Reiterating his vision to help India join the digital bandwagon, Alphabet and Google CEO Sundar Pichai has said the ongoing investments are a reflection of the company's confidence in the future of the country and its digital economy.
The company, which announced a $10 billion Google for India Digitisation Fund last year, has already invested $4.5 billion for a 7.73 per cent stake in the top telecom network Reliance Jio Platforms, along with recently investing up to $1 billion in Bharti Airtel.
"It is a reflection of our confidence in the future of India, its digital economy, our desire to build products there, which we think will help us globally," Pichai said during the company's earnings call late on Tuesday.
On the company's payment strategy, Pichai said it is thinking deeper about emerging markets like India as it "lines up with our mission of building a more equitable Internet for everyone".
Pichai is also bullish on YouTube's future in the country.
"When I look at YouTube in India, some of the commerce ideas we talked about earlier, you may see as the first stride in India first because we can get quicker feedback, a very dynamic, youthful population," he noted.
"So we'll do it there (in India) and then roll it out globally. We are constantly looking for opportunities like that," Pichai added.
YouTube Shorts continues to drive significant engagement for the company globally including in India.
"We just hit 5 trillion all-time views and have over 15 billion views each day globally. This is helping our creator community reach newer and bigger audiences," Pichai added.
"In 2022, we'll stay focused on evolving our knowledge and information products, including Search, Maps and YouTube, to be even more helpful," he added.
Notably, Prime Minister Narendra Modi had recently announced the repeal of three controversial farm laws after a year of protests. Thousands of farmers are still camping at Delhi's borders and several died from heat, cold and Covid.
Member of the Supreme Court appointed committee on farm laws, Anil Ghanwat, on Tuesday wrote to the apex court to release their committee's report and also said he will mobilise a lakh farmers, who support farm reforms, to Delhi.
Invest Punjab has signed a memorandum of understanding with the Punjab State Office-Renewable Gas Association of India for setting up bio-fuel projects and compressed bio-gas plants (Bio-CNG) that will help in reducing the greenhouse gas emissions generated by stubble burning.
Kejriwal gave eight guarantees to teachers for comprehensive education reforms in Punjab and promised that these guarantees would be implemented on priority if the AAP government is formed in 2022.
Former Punjab Chief Minister Amarinder Singh on Tuesday ridiculed present Chief Minister Charanjit Singh Channi for his frequent accusations that he had "connived with the Badals" and harmed Punjab's interests.
The Bill has been listed for introduction, consideration and passing in the Lok Sabha. It is among 26 new Bills, which are to be introduced in the Parliament session beginning November 29.
