How to shorten long Google Drive file share links?

Saving files to Google Drive and sharing links to others? 

You must have noticed that the link from Google drive file sharing is a bit long. Links can be shared via messaging or emails which they can open directly. But if in case, people need to type the links to open documents, it could be tedious and people could make mistakes too. Why not shorten the links so that it is easy to read or type?

Here is how.