Tech giant Google's announcement to invest $10 billion in India in the next five to seven years is being hailed as positive, with an expert saying it indicates the country's economy will improve in the post-pandemic era.

Axar.az reports citing foreign media.

“Today at ‘Google for India’ we announced a new $10B digitization fund to help accelerate India’s digital economy. We’re proud to support PM Narendra Modi’s vision for Digital India,” said Google CEO Sundar Pichai, an Indian-American.

Addressing the sixth Google for India event via video conference, Pichai said the Google for India Digitization Fund will focus on four key areas: enabling affordable access and information for every Indian in their own language, building new products and services relevant to India’s unique needs, empowering local businesses, and leveraging technology for social good in areas like health, education and agriculture.