 "Google, Facebook")
With Google and Facebook both investing billions, India is set to be their next big battleground.
On Monday, Sunder Pichai, Google Inc CEO, said the company will invest $10 billion in India in the next 5-7 years. The cash it has promised through a country-specific fund is nearly double the $5.7 billion that its rival Facebook invested less than three months ago to buy a 9.9 per cent stake in Jio Platforms which controls Reliance Jio and various other platforms.
Google’s decision is a landmark. But if one goes beyond the optics (the announcement was made in the presence of
