Acknowledging India as a major IT hub in the world, Google has decided to undertake major research works in the country. Speaking to the IIT Kanpur alumnus Umang Gupta, Google CEO Eric Schmidt, asserted the US-based searching company would scale up research in India in the coming years.
Explaining mobiles phones are the biggest opportunity for the company, Schmidt commented, "Every analysis had shown that the mobile phone was the 'simplest, biggest space for us' because prices were falling dramatically, people were carrying them all the time, and there’s so much one could do with a cellphone. We are trying to find out what are the applications you can put on the phones—there’s gaming, e-commerce."
He continued, "The potential was endless. In this context, India is a very important market because there’s a huge usage of mobile phones.”