LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

Scale of Indian market allowing Google to develop new products: Sundar Pichai

Google's Indian-American CEO Sundar Pichai has said that The scale of India's market has allowed Google to develop new products in the country and take it to the global level, the internet giant's Indian-American CEO Sundar Pichai has said. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Scale of Indian market allowing Google to develop new products: Sundar Pichai
Observing that Google has been in India now for "a very very long time", Pichai said that the number of Indian manufacturers who would make devices 'Made in India'. Reuters
Written By: PTI
Updated: Thu, Jun 13, 2019
02:00 pm
New Delhi, PTI
RELATED NEWS
Google fires 150 game developers hired for Stadia: Report Google fires 150 game developers hired for Stadia: Report
This country passes law to make Google, Facebook pay for news  This country passes law to make Google, Facebook pay for news
Now you can share apps on Android using 'Nearby Share' | Check all details here Now you can share apps on Android using 'Nearby Share' | Check all details here
Google Play Music app user? Beware, your library will be deleted on this date! Take this action now Google Play Music app user? Beware, your library will be deleted on this date! Take this action now
Google Chrome 88 update fixes key zero-day bug Google Chrome 88 update fixes key zero-day bug

Google's Indian-American CEO Sundar Pichai has said that The scale of India's market has allowed Google to develop new products in the country and take it to the global level, the internet giant's Indian-American CEO Sundar Pichai has said. Addressing the India Ideas Summit of US India Business Council (USIBC), Pichai also said that India and the US can lead on standardisation of privacy frameworks for better safeguards against privacy to ensure free flow of digital trade.

Observing that Google has been in India now for "a very very long time", Pichai said that the number of Indian manufacturers who would make devices 'Made in India'.

The Indian government, he said, has done a great job of making technology, one of the pillars by which, they will improve governance and as well as socioeconomic conditions there. "So we've been proud to be part of it," 46-year-old Pichai said at the summit after he received the Global Leadership Awards. Nasdaq president and CEO Adena Friedman was also honourd with an award. "And we deeply care about making phones cheaper every year so that more people can afford it and access it. In 2004, there were maybe two local Indian manufacturers who would make devices made in India. Now that number is up to well over 200 or so," he said.

"Our products have played a foundational role. But increasingly it's also happening in reverse. The scale of the Indian market, allows us to now develop maybe products there and actually take it out globally as well. So it's been an interesting trend for the last three to four years or so," Pichai said.

"Our payments product? India was moving towards digital payments, so we thought it was the best market to push the future of payments. We tried it there and it's worked very well. And now that team is taking that payments product and bringing it out of India to the global market," he said.

"So increasingly we see India not just as, as an opportunity, but you know, building in India and serving the rest of the world as well. And so it's exciting time," he said. Seeking better safeguards against privacy to ensure free flow of digital trade, Pichai said that India and the US can lead on standardisation of privacy frameworks. If standardisation was done across the world, it could significantly enhance digital trade, he said. "The free flow of information is essential to digital trade and we all can see the benefits of it. But to ensure that we can actually do it we need better safeguards around user privacy," Pichai said in response to a question.

Noting that rightfully so, users are increasingly concerned about it, he said that it is an important moment to create standardised frameworks both for users to have choice, control and transparency and for companies to be accountable as well with a clear set of a clear set of rules. "I think it's an area where, both in US and India we have reasonably aligned notions around a free and open internet; both countries have safeguarded principles of free expression. And so there's enough shared values here, I think, we can lead in privacy frameworks," he said.

"And to the extent you can standardise this globally will be a huge factor which drives digital trade. And so hence this is very, very critical to it," Pichai said responding to a question from Nisha Desai Biswal, president of the USIBC. Last month, Pichai had a written an op-ed in The New York Times, in which he stated that privacy should not be a luxury.

"Now, as you know, in India and in the United States, there are efforts at trying to draft new privacy legislation. Share some of your thoughts with us on how the US-India and other global systems can try to create an appropriate balance. And are there ways that we can have a consensus and a convergent way of approaching this?" Biswal asked.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
GoogleSundar Pichai
RELATED NEWS
Google fires 150 game developers hired for Stadia: Report Google fires 150 game developers hired for Stadia: Report
This country passes law to make Google, Facebook pay for news  This country passes law to make Google, Facebook pay for news
Now you can share apps on Android using 'Nearby Share' | Check all details here Now you can share apps on Android using 'Nearby Share' | Check all details here
Google Play Music app user? Beware, your library will be deleted on this date! Take this action now Google Play Music app user? Beware, your library will be deleted on this date! Take this action now
Google Chrome 88 update fixes key zero-day bug Google Chrome 88 update fixes key zero-day bug

LATEST NEWS

Hero MotoCorp share price: Sharekhan retains Buy rating with price target of Rs 4030

Bitcoin rises 5% to $50,942.58

Easy Trip Planners IPO: Retail Investors waiting for this new IPO coming next week

7th Pay Commission latest news: REVEALED! Salary may be affected by New Wage Code - know details

UP, Kanpur, Agra Metro Job Vacancy Recruitment 2021: Bumper salary! Up to Rs 1.6 lakhs - Check all application, dates, pay scale details here

Yes Bank Share Price Today: Make money from this stock - check how

Platform ticket price raised from Rs 10 to Rs 50 at these stations, check the list

Exclusive: Jet Airways deal will put country's airports at risk

MTAR Technologies IPO Subscription details on Day 1, Retail investors lap up the opportunity

Sonu Sood to launch blood bank app

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved