The roundtable hosted by Modi comprised Chairman President and CEO of Adobe Shantanu Narayen, Google CEO Sundar Pichai, IBM COE Arvind Krishna, Lisa Su CEO of AMD, and Jensen Huang of NVIDIA among others…reports Asian Lite News
As a part of his three-day visit to the United States, Prime Minister Narendra Modi interacted with industry leaders to discuss the potential and opportunities India has to offer to the world.
Modi assured US business leaders of India’s deep commitment to protection of intellectual property and to fostering tech-innovation during his engagement with the top CEOs from the technology industry at a roundtable in New York.
The roundtable hosted by Modi comprised several prominent figures from leading companies including, Chairman President and CEO of Adobe Shantanu Narayen, Google CEO Sundar Pichai, IBM COE Arvind Krishna, Lisa Su CEO of AMD, and Jensen Huang of NVIDIA and among others
During the meeting on the second day of his US visit, the prime minister discussed ways to foster greater collaboration between the US and India when it comes to the cutting-edge areas of Artificial Intelligence, quantum computing, semiconductors and biotechnology.
As per an official statement by Prime Minister’s Office, the discussions revolved around the global technology landscape and the impact of innovations on human development and the world economy. The CEOs shared insights into how their companies are leveraging technology for innovation and expressed keen interest in collaborating with India.
Modi also emphasized the importance of initiatives such as the India-US Initiative on Critical and Emerging Technologies (ICET) as central to the India-US Comprehensive Global Strategic Partnership.
He highlighted that technology cooperation between India and the United States could drive mutual benefits and growth. In a social media post on ‘X’ PM Modi said “Had a fruitful roundtable with tech CEOs in New York, discussing aspects relating to technology, innovation and more. Also highlighted the strides made by India in this field. I am glad to see immense optimism towards India”.
Modi also invited the participating companies to explore co-development, co-design, and co-production opportunities in India, pointing to India’s rapid economic and technological transformation.
He emphasized India’s strategic efforts in electronics and IT manufacturing, semiconductor production, biotech advancements, and green development.
Modi outlined his government’s ambitious plans for turning India into a global hub for semiconductor manufacturing and mentioned the BIO E3 policy aimed at making India a biotech powerhouse.
On Artificial Intelligence, the Prime Minister reiterated India’s focus on promoting AI for all, stressing the ethical and responsible use of this technology.
The CEOs responded positively, expressing strong interest in increasing investments and collaborations with India. They recognized India’s growing role as a global technology hub, driven by its favorable policies, thriving market, and growing talent pool.
Many also highlighted the synergies they see in investing in Indian startups to co-create new technologies and solutions for the future.
The roundtable concluded with a mutual commitment to exploring deeper collaboration and partnerships to advance technological innovation on a global scale.
The Ministry of External Affairs Spokesperson Randhir Jaiswal said that Modi emphasised India’s growth prospects, during the meeting with American CEOs.
“PM @narendramodi interacted with the top tech leaders and CEOs of USA, in a Roundtable hosted by the Massachusetts Institute of Technology (MIT) School of Engineering, in New York today,” Jaiswal wrote on X.
In a separate bilateral meeting, Modi also interacted with Krishna Singh, founder and CEO, Holtec International. According to a social media post by Ministry of External Affairs, during the meeting PM Modi and Krishna Singh discussed Holtec’s plan to expand manufacturing in India and the potential for boosting cooperation in the field of civil nuclear energy.
“Working towards green goals! PM @narendramodimet Dr Krishna Singh of Holtec International today in New York. They discussed Holtec’s plan to expand manufacturing in (India) and the potential for boosting cooperation in the field of civil nuclear energy” said the post.
‘India is not going to stop now’
Earlier, addressing a gathering of Indian Americans in New York, Modi said India was a launching pad of technologies, and the country now aspires to see ‘Made in India’ semiconductor chips running devices globally.
“India is not going to stop now; India is not going to slow down now. India wants more and more devices in the world to run on Made in India chips.,” he told the gathering, outlining India’s growing manufacturing capacity, particularly in the spheres of electronics and semiconductors.
“The day is not far when you will see Made in India chips here in America as well,” the Prime Minister added.
In June, 2023, the Union Cabinet had approved a proposal for setting up a semiconductor unit in Sanand, Gujarat.
“Just a few months after this, the foundation stone of Micron’s first semi-conductor unit was also laid. So far, five such units have been approved in India. The day is not far when you will see Made in India chips here in America as well. This small chip will take the flight of developed India to new heights and this is Modi’s guarantee,” the Prime Minister said.
The government has so far approved five semiconductor units in India, of which construction in two sites is on, and soon the work in the other three will start. They have already made a cumulative investment of almost Rs 1.5 lakh crore. He also spoke about India’s innovations in digital public infrastructure, and how its adoption is growing at a rapid pace. (ANI)
ALSO READ: PM Modi Meets Palestinian President