Google has announced plans to establish a fintech operations center in the Indian state of Gujarat. This center will focus on developing digital payment solutions for the Indian market, and is expected to create job opportunities for local talent, its CEO Sundar Pichai said on Friday after meeting Prime Minister Narendra Modi here.
“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.
