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King Of Internet – BW Businessworld

King Of Internet – BW Businessworld

Rank 2- Google India 

Sanjay Gupta, Country Head & VP

Overall Avg. Score – 3.04

India Revenue – Rs 6,386 crore 

Google in India has been growing strongly, adding millions of subscribers every month across its various platforms. 

It’s no big secret that Google has dominated the search engine market, and continues to do so. As of April 2022, it was maintaining a market share of 98.71 per cent in the search engine business. The majority of Google’s revenue is generated through advertising. At least 467 million people in India regularly access YouTube. Also, YouTube, Chrome, Gmail, Search, and Google Play, Google Maps have crossed over 2 billion monthly users. YouTube alone has 2 billion-plus users worldwide of which more than 16 per cent are active in India alone.  

Google’s test ground 

According to Alphabet and Google CEO Sundar Pichai, viewers are watching more than 700 million hours of YouTube content on television every day. In February, Google announced a $1 billion investment in Airtel. In 2021, the company had announced the $10 billion Google for India Digitisation Fund and invested $4.5 billion in Reliance Jio Platforms. In February, Pichai said that for developing other businesses like YouTube, Google was using its user base in India. “You may see us take first stride in India because we can get quicker feedback, very dynamic youthful population. And so we’ll do it there and then roll it out globally. So we are constantly looking for opportunities like that,” he said. 

Therefore, for a variety of reasons, Google India has come on top and ranked second in the list for the ‘Most Respected Companies’, a prestigious perception-based annual ranking of companies by BW Businessworld. With an average ratings of 3.04 (just 0.04 points behind TCS) Google India has scored more on parameters like ‘work culture’ and on ‘innovative products and services’. 

Google, which is owned by Alphabet, also owns both Google Search and Google Chrome along with Google Maps, Google Drive, Google+, Android, Gmail and many other products. 

The magnitude, size and penetration of Google products in our everyday lives or its significance cannot be quantified simply because it is a part of most Indians that are connected to the Internet.  

Surging India profits 

Google saw its India profits grow almost 38 per cent to Rs 808 crore for the year ended March 31, 2021 compared to the previous year, according to media reports. The company’s India revenue also witnessed a 14 per cent increase to Rs 6,386 crore compared to the previous financial year. Google India primarily earns revenue through IT and IT-enabled services to the parent entity’s global businesses and as a reseller for Google Adwords, the reports said.  

See also  Google App on Android Now Lets You Use Voice Commands While Navigating, Even When Not Connected to Internet

The company’s Android operating system for smartphones has more than 90 per cent market share. Its video sharing platform YouTube had over 400 million users in the country as on March 31, 2021. Google Payments India reported a 210 per cent increase in profit to Rs 1.4 crore on revenues of Rs 14.8 crore for the reported year, the media reports had said. 

2019 was an exceptional year for Google India because of change of guard at the top. Rajan Anandan, Managing Director for India moved out after a long stint and the company appointed Sanjay Gupta as the country manager for India. Since then, Google’s India business has been in an upswing inspite of the pandemic that dented most businesses and the economic activities in 2020-21 and 2021-22.  

Like in each of the previous years, India continues to see a huge growth in voice search. Of course, it continues to invest big to support the current and future development in India.  

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