Google to Open Global Fintech Operation Center in Gujarat's GIFT City, Declares Sundar Pichai After Meeting PM Modi
Google and Alphabet CEO Sundar Pichai met with Indian Prime Minister Narendra Modi during the PM's visit to the United States, and the tech executive expressed his admiration for the Indian leader's vision for digital transformation. Following their meeting, Pichai announced that Google would be investing a significant amount of money in India's digitization fund, as well as establishing a global fintech operation center in Gujarat's GIFT City.
The meeting between Pichai and PM Modi held great significance, with both leaders recognizing the potential for collaboration in the realm of technology and innovation. Pichai spoke highly of Prime Minister Modi's vision for Digital India, noting that it had been ahead of its time and had become a blueprint that other nations were now seeking to emulate.
During his remarks, Pichai announced that Google would be investing a staggering $10 billion in India's digitization fund. This substantial investment is a testament to Google's confidence in India's digital growth potential and its commitment to supporting the country's technological advancement.
Additionally, Pichai disclosed Google's plans to open a global fintech operation center in GIFT City, located in Gujarat. This move further underscores Google's commitment to India's digital transformation and its recognition of the country's emergence as a global hub for financial technology.
The establishment of the fintech operation center in GIFT City is expected to bring numerous benefits to the region. It will likely attract significant investment, create job opportunities, and foster technological innovation within India's financial sector. Moreover, it will further solidify Gujarat's position as a leading destination for fintech and digital services.
Prime Minister Modi expressed his appreciation for Google's substantial investment and the company's commitment to India's digitization efforts. He emphasized that such collaborations with tech giants like Google would accelerate the realization of India's digital aspirations and contribute to the country's overall growth and development.
The meeting between Sundar Pichai and PM Modi signifies a strengthening relationship between Google and India, as well as a mutual recognition of the vast potential for collaboration in the digital space. Google's substantial investment and the establishment of the fintech operation center in GIFT City highlight the company's long-term commitment to supporting India's digital revolution and fostering technological innovation in the country.
As India continues on its path towards digital transformation, collaborations with global tech leaders like Google are crucial for leveraging expertise, resources, and investments. With the support of companies like Google, India aims to become a global leader in digital technology and create a thriving digital economy that benefits all its citizens.
