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Google is investing $1 billion in India’s smartphone market

NEW DELHI, India: Google is seeking to lower the cost of smartphones in India by investing up to $1 billion in a major Indian telecom company.

Google has announced that it would invest $700 million in Bharti Airtel, the second-largest telecom operator in India, and acquire a 1.28 percent stake in the company.

According to officials at Airtel, the two companies will seek to cooperate with smart phone manuf