PM Modi Engages Top Tech CEOs, Showcases India's Tech Progress
By
siliconindia | Monday, 23 September 2024, 04:01 Hrs
Prime Minister Narendra Modi recently held a roundtable discussion in New York with the CEOs of leading American technology companies, where he highlighted India’s advancements in technology and innovation. The event, organized by the Massachusetts Institute of Technology (MIT), focused on cutting-edge developments in Artificial Intelligence (AI), Quantum Computing, Biotechnology, Life Sciences, and Semiconductor technologies.
In a post on X (formerly Twitter), Modi described the meeting as 'fruitful', noting the optimism expressed by the CEOs toward India’s growth. He emphasized India’s growing role in the global tech landscape, driven by initiatives like the India-US Initiative on Critical and Emerging Technologies (ICET). The Prime Minister stressed that India is on the path to becoming the world’s third-largest economy in his third term and invited companies to co-develop, co-design, and co-produce technologies in India for global markets.
During the roundtable, discussions centered on how technological innovations are transforming economies and human development, with a particular focus on the well-being of people worldwide, including India. The Ministry of External Affairs (MEA) stated that the dialogue touched upon India’s growing prominence as a technology hub, enabled by innovation-friendly policies and market opportunities.
Prime Minister Modi acknowledged the pivotal role of the MIT School of Engineering in organizing the roundtable and thanked its Dean for facilitating the interaction. He reiterated India’s commitment to fostering technology collaboration and emphasized the country’s policies designed to protect intellectual property, encourage innovation, and promote AI with a focus on ethical and responsible use. He also detailed the country’s BIO E3 policy aimed at making India a biotech powerhouse and reiterated the government’s mission to establish India as a global semiconductor manufacturing hub.
The CEOs expressed a strong interest in investing and collaborating with Indian startups, viewing this as an opportunity for synergistic innovation. Prime Minister Modi assured the leaders of India's continued efforts to support technology development and encouraged them to participate in India’s rapidly growing technology ecosystem. He highlighted the ongoing economic transformation within India, particularly in electronics, semiconductor production, biotech, and green technologies.
Among the prominent attendees were Sundar Pichai (Google), Arvind Krishna (IBM), Julie Sweet (Accenture), Shantanu Narayen (Adobe), Lisa Su (AMD), Chris Viehbacher (Biogen Inc), Chris Boerner (Bristol Myers Squibb), David A. Ricks (Eli Lilly and Company), Enrique Lores (HP Inc.), Tim Archer (LAM Research), Noubar Afeyan (Moderna), Hans Vestberg (Verizon), Thomas Caulfield (Global Foundries), Jensen Huang (NVIDIA), and Martin Schroeter (Kyndryl).
The roundtable underscored the deepening India-US Comprehensive Global Strategic Partnership, with technology serving as a key driver of future collaboration.
