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Wednesday, November 29, 2023

Google and Amazon invested over $10 billion in India

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Google and Amazon are planning major investments in India. According to the Press Trust of India, the investment will reach $10 and $15 billion respectively.

Google CEO says Sundara Pichai, the organization will undertake the development of the India Digitization Fund. In addition, the company has already opened a global financial technology operations center in GIFT City, the business district of Gandhinagar.

Amazon Representative Andrew Jessie did not share details. However, he emphasized that the amount of investment in the country previously reached 11 billion dollars. It plans to make 15 more investments.

Earlier, the Russian Ministry of Foreign Affairs spoke about the high growth of trade between the Primorsky Territory and India. According to Ambassador-at-Large Andrew Brovartsthis process shows a significant increase against the backdrop of Western sanctions.

Source: Riafan

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