Google to Invest in India’s Digital Future:
Every year, Google announces its plans in India on how
to expand its business in India named with the program “Google for India”.
This time in Google for India, Sundar Pichai – CEO at Google and Alphabet has
announced approximately Rs.75,000 crores or $10 billion in 5-7 years under
Google for India Digitization fund to help accelerate India’s digital economy.
India has always been a great market for Google in terms of R&D, and every
other aspects to make google accessible to every part of the nation.
In the past years, after the Jio internet revolution
in 2016, almost 26 million Small and Medium Scale businesses are live on the
internet with more than 150 million users every month. Also, Digital Payment is
booming across small businesses like never before. On 13th July, when Sundar
Pichai had a conversation with our honorable Prime Minister Shri. Narendra
Modi, investment for India’s digitization has been focused on four important
areas:
· First,
enabling affordable access and information for every Indian in their language,
whether it’s Hindi, Tamil, Punjabi or any other
· Second, building new products and services
that are deeply relevant to India’s unique needs
· Third,
empowering businesses as they continue or embark on their digital
transformation
· Fourth,
leveraging technology and AI for social good, in areas like health, education,
and agriculture.
Let’s hope for a greater digitalized India shortly.
Foxconn to expand its Apple factories in TamilNadu:
Foxconn is the company that makes iPhones for Apple
across the globe. After Communist China’s activity towards global dictatorship
and opposed by the world nation, iPhones being more produced in China, to
reduce the hang on China, Foxconn and Apple are planning to shift their
production units to TamilNadu. In the Indian Government’s new Production Linked
Incentive (PLI) scheme, the company will invest $1 billion over a period of
three years. Almost 6000 people will be employed in India based on the scheme
and Foxconn will get subsidies to set up their plants in TamilNadu at the
earliest.
Thomson to invest Rs.1000 crores in India:
Thomson, a France based company is a Television
manufacturer and sells its products through e-commerce platform Flipkart. They
have been doing great in the market as their products are targeted to the
lower-middle-class people. Now, they are planning to explore more home
appliances one of which is Washing Machines. As of now, Thomson acquires a 5%
market share for the Television category. To expand and strengthen their
business they have planned to invest Rs.1000 crore in the Indian marketplace
over a period of 5 years with consecutive new and innovative products at an
affordable cost.
Samsung starts to manufacture Made in India smartwatches in India:
The South Korean Company, Samsung which has the
largest smartphone manufacturing plant in the world in Noida has now started to
manufacture Smartwatches in the same plant in Noida under the “Made in India”
campaign. Every year in India, the number of smartwatch users is increasing at
a rate of 80%. To meet the demand, Samsung has now installed it’s smartwatch
manufacturing plant in Noida. The first completely made in India smartwatch is
the Samsung Galaxy Watch Active 2 4G priced at Rs.28490 is the first 4G
smartwatch in India. Also, 18 different varieties of smartwatches will be
manufactured in this plant.
To conclude the blog, let’s hope that these
investments make India smarter and stronger by every means and the
infrastructure development at its peak.
Also read:
Get 1 million subscribers in 100 hours
iPhone 12 to come with no charger
Japan introduces Tuna scope app to measure Tunaquality
Do follow us on all our social media platforms:
Facebook Instagram LinkedIn Twitter
Comments
Post a Comment