Sundar Pichai said Google to set up global fintech operation centre in Gujarat

Indian-origin Google and Alphabet CEO Sundar Pichai, on Friday met Prime Minister Narendra Modi in Washington, after which the executive announced that his organisation would be investing $10 billion in India’s digitisation fund. Sundar Pichai said Google to set up global fintech operation centre in Gujarat.

Prime Minister Modi was on a three-day state visit to the United States, where he has been meeting the chief executives of major global players including Micron and Applied Materials, both of whom have committed to investing in India. In 2020, Google had announced to invest a whopping $10 billion in the country through its India Digitisation Fund over the next five to seven years.

“Today we are announcing the opening of our global fintech operations centre in GIFT City, Gujarat. It will cement India`s fintech leadership, thanks to UPI, and Aadhaar. We are going to build on that foundation and take it globally,” Pichai said.

He said Prime Minister Modi`s vision for Digital India was ahead of its time and “I now see it as a blueprint that other countries are looking to do so”. The Ministry of External Affairs said in a tweet that Modi interacted with Pichai and “discussed measures like artificial intelligence, fintech and promoting research and development”.

They also discussed collaboration between Google and academic institutions in India to promote research and development, and skill development. In December last year, Pichai visited India and pledged support for India`s G20 Presidency.

“Look forward to continuing our strong partnership and supporting India`s G20 Presidency to advance an open, connected internet that works for all,” Pichai had tweeted after meeting Prime Minister Modi in New Delhi.

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