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Google: "Digital credit is going to be bigger than digital payments because there is so much entrepreneurial energy out there in the country and the access to credit is what was holding it back. Once you have easy access to credit at a basically competitive rate, I can tell you this country will have 1-2 percentage points of additional growth because of digital credits," the minister said.

Google at the event announced that GPay will now enable the availability of reliable and responsible formal credit to people and small businesses by offering customised credit products from some of Indias top lenders on the platform.

Anand Mahindra praised Indias growing role in global manufacturing and plans to switch to India-made Google Pixel that will be rolled out next year.

Based on a patent filed by Google in 2019, product images of a possible Android-powered Pixel tablet reveal thin bezels and rounded corners.