Google Invests $15 Billion in Vizag Campus Amid Indian Expansion Plans
Google's investment in Vizag is valued at $15 billion, according to Preeti Lobana, Country Head of Google India. In an interview with Moneycontrol, Lobana stated that this investment demonstrates Google's commitment to India and its growing importance for the company.
The investment will be used to set up a new campus in Vizag, which will create thousands of jobs in the region. This move is part of Google's strategy to expand its presence in India, particularly in the southern states. Lobana highlighted that the Andhra Pradesh government has been supportive of this initiative and has provided the necessary infrastructure for the campus.
Google's investment in Vizag is a significant development for the region, which has faced economic challenges in recent years. The creation of thousands of jobs will provide a much-needed boost to the local economy. Lobana emphasized that Google's presence in Vizag will also contribute to the growth of the startup ecosystem in the region.