Prime Minister Narendra Modi visited the United States of America. He met with the CEOs of tech giants like Amazon, Google, Microsoft, and Tesla. These companies have made commitments to invest in India and promote technological advancements.
Amazon has pledged to invest an additional $15 billion in India over the next seven years. This will bring their total investment in India to $26 billion. Google has announced plans to open its global fintech operation centre in Gujarat, India. Microsoft has discussed the power of technology, particularly Artificial Intelligence (AI), with Prime Minister Modi. Microsoft has already made strides in India by launching Jugalbandi, an AI-driven chatbot designed to provide government assistance and information in multiple languages.
These initiatives aim to drive the growth of Indian technology and contribute to the country’s development.
Here is a details of the commitments made by the tech giants:
Amazon: $15 billion investment in India over the next seven years.Amazon, one of the largest e-commerce companies, has pledged to invest an additional $15 billion in India over the next seven years. This commitment will bring their total investment in India to a staggering $26 billion across all their businesses. The move demonstrates Amazon’s strong belief in the potential and growth of the Indian market.
Google: Global fintech operation centre in Gujarat, India.This initiative aims to support India’s digitization efforts and further develop the country’s financial technology sector. Sundar Pichai, the CEO of Google, shared this exciting news during his meeting with Prime Minister Narendra Modi.
Microsoft: Focus on AI and technology advancements in India. Microsoft, a prominent player in the tech industry, discussed the power of technology, particularly Artificial Intelligence (AI), during a meeting between CEO Satya Nadella and Prime Minister Modi. Microsoft expressed its commitment to the growth of Indian technology, emphasizing the impact it will have not only in India but also in global markets. Microsoft has already made strides in India, launching Jugalbandi, an AI-driven chatbot designed to provide government assistance and information in multiple languages.
These commitments are a vote of confidence in the Indian market and the potential of Indian technology. They are also a significant boost to the Indian economy and will help to create jobs and opportunities for Indians.
