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Google to invest $10 billion in India

Google said on Monday that it plans to invest $10 billion in India in the next five to seven years as the search giant looks to expand its presence in the key overseas market.
Sundar Pichai, the chief executive of Google, today unveiled Google for India Digitization Fund through which it will be making the investments in the country.
“We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy,” he said at the company’s annual event focused on India.
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