PM Modi in US assures CEOs of India’s focus on technology and innovation

TDT | Agencies

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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. Narendra 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 PM 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. PM 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”.

PM 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.

PM 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.