Modi meets tech CEOs, discusses AI, semiconductors, India’s growth potential

• Prime Minister Modi met with top tech CEOs, emphasizing India’s potential as a global innovation hub and inviting US firms to tap into India’s growing digital and tech sectors.

• He stressed the importance of tech collaboration, intellectual property protection, and India’s ambition to become a global semiconductor manufacturing hub.

• Modi also highlighted initiatives like “AI for All” and BIO E3 policy, aimed at making India a biotech powerhouse.

Was a long read? Making it simpler…

Next Article

PM Modi discusses tech collaborations with US CEOs

What’s the story

Prime Minister Narendra Modi recently convened a roundtable with leading US tech CEOs and industry leaders at the Massachusetts Institute of Technology (MIT) School of Engineering in New York.

The meeting was part of his three-day visit to the US, and aimed to strengthen India-US relations in the technology sector.

The discussions focused on potential partnerships in advanced fields such as semiconductors, artificial intelligence (AI), quantum computing, and biotechnology.

‘Glad to see immense optimism towards India’

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. pic.twitter.com/qW3sZ4fv3t

— Narendra Modi (@narendramodi) September 23, 2024

Modi highlights India’s potential as global innovation hub

The roundtable was attended by prominent figures including Adobe Chairman and CEO Shantanu Narayen, Google CEO Sundar Pichai, IBM CEO Arvind Krishna, AMD Chair and CEO Lisa Su, and Moderna Chairman Noubar Afeyan.

During the meeting, Modi emphasized India’s growing potential as a global innovation hub. He also extended an invitation to US firms to capitalize on opportunities within India’s burgeoning digital and technology sectors.

Modi encouraged companies to utilize India’s growth narrative for innovation

PM Modi stressed that technology collaboration is crucial to the India-US Comprehensive Global Strategic Partnership, referencing the Initiative on Critical and Emerging Technologies (ICET).

He expressed his commitment to transforming India into the world’s third-largest economy. He also encouraged companies to utilize India’s growth narrative for collaboration and innovation.

The Ministry of External Affairs quoted him saying, “Companies can co-develop, co-design, and co-produce in India for the world.”

Modi reassures commitment to intellectual property protection

Modi reassured the business leaders of India’s strong commitment to protecting intellectual property and promoting technological innovation, especially in electronics, information technology, and semiconductors.

He reiterated the government’s ambition of establishing India as a “global hub of semiconductor manufacturing.”

Additionally, he discussed India’s BIO E3 policy aimed at transforming the country into a biotech powerhouse and highlighted the ethical promotion of AI under the “AI for All” initiative.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}