Skip to content
Search AI Powered

Latest Stories

Indian talent innovation create and empower Google products: Karan Bhatia

Bhatia served as the deputy US trade representative from 2005 to 2007.

Indian talent innovation create and empower Google products: Karan Bhatia

INDIA is one of the most important markets for Google and a source of incredible talent and innovation that help create and empower the company's products globally, a top official has said.

Karan Bhatia, Google's global head of government affairs and public policy, said that the company is very excited about India and its trajectory.


“India is one of our most important markets around the world. It's really a second home to us. We've been in the country for almost two decades now. We have thousands of employees there. It is both a source of incredible talent and innovation that really help create and empower Google products around the world,” he said.

It is also a dynamic market where you see an explosion in both internet usage and in new small businesses and startups, Bhatia said.

In the last nine years, he said, India has been an incredible story that has seen an explosion in the use of the internet, particularly in rural regions which are experiencing the fastest growth in penetration, and growth in terms of digital-first businesses.

“We're seeing more unicorns, more startups, more companies that are thinking digitally first. And then, you're seeing a government that really understands the important role of digitalisation, digital policies," Bhatia said.

He said across the board, there is an ecosystem that exists in India that is driving forward the country's presence in the global digital network.

"Prime minister Narendra Modi has had a digital-first mindset, from the outset. You can see the way he has encouraged the government's adoption of digital technology. You look at something like Aadhar. So, there certainly is a significant component that has been the result of the government's leadership,” he said.

Bhatia is credited with leading the negotiation of the US–Korea free trade agreement and the open skies agreement with India.

“We are excited at the Prime minister's visit for many reasons. We see a lot of opportunity for ongoing growth in that relationship on the people-to-people side, on the business-to-business side.

"I would love to see us three years from now have double the level of partnerships between the US and India in the digital space and think that’s a realistic possibility,” he said.

He said Google launched the India digitisation fund, a $10 billion investment by the tech giant in Indian companies, a couple of years ago.

"We're partnered with Jio, Airtel, and also with small new startups, which are really the source of so much innovation," he said.

(PTI)

More For You

Budget halted economic growth, Bank of England warns

Bank of England Governor Andrew Bailey reacts during a press conference at the Bank of England in London on Aug 1, 2024.

(Photo by ALBERTO PEZZALI/POOL/AFP via Getty Images)

Budget halted economic growth, Bank of England warns

THE Bank of England has cautioned that the UK economy is stagnating, following measures introduced in chancellor Rachel Reeves’s budget. Businesses are reportedly responding to tax hikes and a higher minimum wage by cutting jobs and raising prices.

Andrew Bailey, the Bank's governor, revealed that growth forecasts for the final quarter of 2024 have been downgraded to "zero." He also stressed a cautious approach to reducing interest rates, which remain at 4.75 per cent, citing economic uncertainty. “We need to ensure we meet the 2 per cent inflation target sustainably,” Bailey said.

Keep ReadingShow less
‘UK-India trade sees growth as
payments rise by 121 per cent’

India is increasingly seen as a hub for global business development, according to HSBC

‘UK-India trade sees growth as payments rise by 121 per cent’

BUSINESS activity between the UK and India flourished in 2024, with payments received by clients in Britain from India rising by 121 per cent, according to the latest data from HSBC UK.

The multinational bank highlighted the figures based on its two-way support for businesses within the India-UK corridor this week and said its data on payments and client referrals showed yearon-year growth.

Keep ReadingShow less
Adani Group
A logo of the Adani Group is seen on a commercial complex in Mumbai. (Photo: Reuters)

Bangladesh seeks renegotiation of Adani Power deal: Report

BANGLADESH's interim government has accused Adani Power, an energy company controlled by Indian billionaire Gautam Adani, of breaching a multi-billion-pound agreement by withholding tax benefits granted to a power plant central to the deal.

The agreement, signed in 2017, enabled Adani Power to supply electricity to Bangladesh from its coal-fired power plant in eastern India.

Keep ReadingShow less
Bank-of-England-Getty

A general view of the Bank of England on December 19, 2024 in London. (Photo credit: Getty Images)

Bank of England maintains interest rate amid inflation rise

THE BANK OF ENGLAND (BoE) on Thursday kept its key interest rate unchanged at 4.75 per cent, opting not to follow the US Federal Reserve's recent rate cut, as inflation in the UK sees an uptick.

"We've held interest rates today following the two cuts since the summer," BoE Governor Andrew Bailey said in a statement.

Keep ReadingShow less
Starmer woos Indian business leaders in Downing Street summit​

Keir Starmer hosts an Indian Investor Roundtable alongside Jonathan Reynolds in 10 Downing Street.

Simon Dawson / No 10 Downing Street

Starmer woos Indian business leaders in Downing Street summit​


PRIME MINISTER Keir Starmer hosted a delegation of 13 Indian companies at 10 Downing Street in London on what the British government described as a “curated visit” to enhance the bilateral partnership and boost investment flows.

The visit on Wednesday (18) follows Starmer’s meeting with Indian prime minister Narendra Modi on the sidelines of the G20 Summit last month, when the leaders committed to take forward an “ambitious” UK-India Comprehensive Strategic Partnership with collaboration opportunities on economic growth, security and defence, technology, climate, health, and education.

Keep ReadingShow less