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Google to set up its global fintech operation in Gujarat

BNE News Desk , June 24, 2023
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New Delhi: Global internet major, Google will set up its global fintech operation centre at GIFT City in Gujarat.
Google CEO Sundar Pichai said on Friday after meeting Prime Minister Narendra Modi during his US visit.

Pichai also said that his company continues to invest in India though its USD 10 billion India Digitisation Fund.
Besides Pichai, the prime minister also had an interaction with top CEOs also met Microsoft CEO Satya Nadella, Apple CEO Tim Cook, OpenAI CEO Sam Altman, and AMD CEO Lisa Su, among others

"Today we are announcing the opening of our global fintech operations centre in GIFT City, Gujarat. It will cement India's fintech leadership, thanks to UPI, and Aadhaar. We are going to build on that foundation and take it globally," Pichai said.
The Indian-origin CEO said it is exciting to see the progress that the country has made, particularly around the vision of Digital India and the economic opportunity.

"I met the prime minister in December, and we continued our conversation. We shared that Google is investing USD 10 billion in the India digitisation fund and we are continuing to invest through that, including in companies working on artificial intelligence. As part of that, we have a 100-language initiative. We are bringing bot to more Indian languages very soon," Pichai said.

He said that the prime minister's vision for Digital India was ahead of its time. "I now see it as a blueprint that other countries are looking to do so," Pichai said.

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