Google CEO meets Prime Minister Modi, pledges 13 trillion investment in India's digitalization

"Plan to Establish a Fintech Operation Center in India"

Sundar Pichai, CEO of Google, announced on the 23rd (local time) that he would invest $10 billion (approximately 13.1 trillion KRW) to promote digitalization in India.

According to Indian media, Pichai met with Narendra Modi, Prime Minister of India, who is on a state visit to the United States, in Washington DC and revealed this investment plan. Pichai said, "I informed Prime Minister (Modi) that Google will invest $10 billion in the India Digitalization Fund."

He also announced plans to open Google's global fintech operations center in India. He said, "We are pleased to announce today that we will establish a fintech operations center in the Gujarat International Finance Tec-City (GIFT CITY) in western India."

Pichai praised Prime Minister Modi's vision to digitalize India and mentioned that other countries are following suit.

During this visit to the U.S., Prime Minister Modi also held individual meetings with other CEOs, including Andy Jassy of the American e-commerce company Amazon and David Calhoun of the American aerospace company Boeing.

After the meeting, Amazon CEO Jassy stated, "We have a strong interest in job creation, digitalization of small and medium enterprises, and supporting exports of Indian products," and said that they are considering an additional $15 billion investment in India.

Boeing CEO Calhoun was reported by the media to have appreciated Prime Minister Modi's passion for India's development and his interest in the aviation sector.

This content was produced with the assistance of AI translation services.