Vodafone To Invest $1.9 billion For Digital India, Make in India & Payment Bank

13-Nov-2015 #Digital India Source: Tele Analysis

During his meeting with Prime Minister Narendra Modi in London, Vittorio Colao, CEO, Vodafone Group has announced that his company will invest $1.9 billion for Digital India, Make in India and Payment Bank initiatives in India. Out of the total investment, the company will utilise $1.2 billion to enhance, upgrade and expand network coverage, $453 million would be used to increase capacity and upgrade its high-end technology centre and IT and customer experience centres in Pune and Ahmedabad, $151 million would be used to set up a state-of-the-art Tier-4 data centre while the rest towards the payment bank.

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