Google Fintech Revolution GIFT City in Gujarat Global Hubs for Innovation.
In an exciting development, Google's CEO Sunder Pichai has announced that the company will establishing its global fintech operation center at GIFT City in Gujarat, India. Pichai expressed his company's ongoing commitment to investing in in India through the India Digitization Funds, which amounts to a substantial USD 10 billion.
This move comes after Prime Minister Narendera Modi's visit to the United States, where he met with top CEOs, including Pichai, Satya Nadella of Microsoft, Tim Cook of Apple, Sam Altman of OpenAI, and Lisa Su of AMD. Pichai emphasized that the new fintech center will leverage India's fintech leadership, particularly due to the success of UPI (Unified Payments Interface) and Aadhar, and aims to extend its impact on a global scale. This endeavor signifies Google's recognition of India's potential in the fintech sector and its determination to contribute to its growth and development.
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