Washington/IBNS: After meeting Prime Minister Narendra Modi here, Google and Alphabet CEO Sundar Pichai has announced the opening of a global fintech operation centre in India's Gujarat, the homestate of the country's political giant. 

Pichai has announced an investment of USD 10 billion in India's digitisation fund.

Post meeting with Modi, Pichai said, "It was an honour to meet PM Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing USD 10 billion in India’s digitisation fund."

"We are excited today that we are announcing the opening up of our global fintech operation centre in GIFT city Gujarat," he added.

Besides the announcement, Pichai has lauded Prime Minister Modi over his vision for digital India.

"PM's vision for Digital India was way ahead of his time. I now see it as a blueprint that other countries are looking to do," the Google CEO said praising Modi, who comes from Gujarat.

Pichai, who became the Google CEO in 2015, met Modi last time in December 2022.

He had said it was "inspiring" to see the rapid pace at which technology is advancing in India under Modi's leadership.

Modi, who is presently on a historic US visit, invited Pichai to explore further avenues of collaboration in the domains of Artificial Intelligence (AI); fintech; cybersecurity products & services; as well as mobile device manufacturing in India.

The Prime Minister and Pichai also discussed collaboration between Google and academic institutions in India to promote R&D and skill development.

Earlier, Modi met US President Joe Biden, Tesla CEO Elon Musk among many dignitaries during his visit.