Everyone is investing in India lately.
In April, Facebook announced it was investing $5.7 billion in India. In January it was Amazon, investing $1 billion in India. Today’s it’s Google (or its parent company, Alphabet) investing $10 billion in partnerships, infrastructure, and ecosystems.
Since China’s closed, the giants have to invest elsewhere, apparently.
“When I was young, every new piece of technology brought new opportunities to learn and grow,” Google CEO Sundar Pichai announced today. “But I always had to wait for it to arrive from someplace else. Today, people in India no longer have to wait for technology to come to you. A whole new generation of technologies are happening in India first.”