Google to Spend $10 Billion in India
Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) says its Google division is going to make a big bet on India's digital growth by investing $10 billion in that country over the next five to seven years. Speaking on the company's annual Google for India webcast, CEO Sundar Pichai said, "We'll do this through a mix of equity investments; partnerships; and operational, infrastructure, and ecosystem investments." Second only to China with 500 million internet users, India is attracting massive investments from the largest U.S. tech companies.
