Mr. Sundar Pichai, CEO of Alphabet and Google, reiterated his commitment to helping India join the digital revolution through continuous investments showing the company's faith in India’s future and digital economy.
The firm established a US$ 10 billion Google for India Digitisation Fund in the previous year, and has already invested US$ 4.5 billion in Reliance Jio Platforms for a 7.73% interest, as well as investing up to US$ 1 billion in Bharti Airtel most recently.
Mr. Pichai said the business is thinking more about emerging markets like India as part of its payment strategy because it aligns with their aim of delivering a more egalitarian Internet for everyone. Mr. Pichai is also optimistic about YouTube's prospects in China.
"When I look at YouTube in India, some of the commerce ideas we discussed earlier, you might view India as the first stride because we can get faster feedback, and we have a very active, youthful population," he explained.
"So we will start there (in India) and expand from there. We are always on the lookout for chances like this" Mr. Pichai went on to say.
YouTube Shorts continues to be a major source of engagement for the company around the world, especially in India.
"We recently surpassed 5 trillion total views and receive over 15 billion daily views around the world. This allows our creator community to reach out to new and larger audiences," Mr. Pichai went on to say.
"In 2022, we will continue to focus on improving our knowledge and information products, such as Search, Maps, and YouTube," he added.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.