Sundar Pichai: The next big global companies will be out of India

Google CEO Sundar Pichai is expecting that “the next big” global software companies to come from India in the next five to 10 years.

“At least in (the next) five to 10 year time frame we will see big global software companies coming out of India and we will be used to it,” Pichai said while speaking at his alma mater, the IIT Kharagpur, today.

Pichai said Indian companies should aim higher when asked on the start-up scenario, competition with MNCs and the Indian market not large enough to invest in technology.

“In India, the potential is there, the market is developing but it will take a few more years for it to realise its potential. The digital market is still developing. It is a problem we run into. It’s just a moment in time. Hopefully, Indian companies are also more thoughtful so that when they build stuff they are targeting similar areas such as Vietnam, Indonesia and Thailand. Those markets are developed. They need to set their sights a bit bigger.The trend lines are in strong favour,” he added.

According to Pichai the goalposts for India and China are different, especially on the digital front.

“India will be a global player in digital economy and it will be competitive with any country in the world. There is a timing issue. We are doing well as a country. We need to stay at it . We need a few more years and we will get to it. I am absolutely confident,” he said.

Cheaper Smart Phone Access

Talking about Google’s support to Digital India programmes, Pichai hoped that “cheaper smartphones” would soon be a reality. Ideally, entry level smartphones should be in the range of $ 30 (around ₹ 2100).

This apart, Google is focussed on including as many regional languages as possible under its “Google Translate” option.

“We are focused on getting Google in as many languages as possible and getting access for people. I would love to see cheaper smartphones, entry level smartphones. We need to bring prices down more. Connectivity is extremely important,” he said. *

Source :Thehindubusinessline

Krishiv Academy of Digital Marketing

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Sundar Pichai: The next big global companies will be out of India
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Google CEO Sundar Pichai is expecting that "the next big" global software companies to come from India in the next five to 10 years.
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