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No direct competition with Facebook: Google

"For both Facebook and us, the India market is so ripe with opportunities that I don’t think we are stepping on each other too much," Allan Thygesen, vice president of Google's small and medium business revenue division said.

March 06, 2014 / 19:19 IST
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The world's largest online advertising company Google is eyeing India’s 50 million small and medium business enterprises to drive its revenues. In an interview with CNBC-TV18’s Nayantara Rai, Allan Thygesen, vice president of Google's small and medium business (SMB) revenue division, shared the company's strategy in emerging markets like India.

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Below is the verbatim transcript of Allan Thygesen's interview with CNBC-TV18.

Q: How worried are you about Facebook's growth in emerging markets like India? How are you looking to steel a piece of the market share from Facebook?