PM Modi attends ‘fruitful roundtable’ with tech CEOs, highlights the India ‘growth story’

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Prime Minister Narendra Modi urged CEOs of US majors to instrumentality vantage of India’s maturation communicative arsenic the state is making each efforts to go the 3rd largest system of the satellite successful his 3rd term.

Addressing CEOs of the ample US tech firms connected Sunday, Modi said India volition marque each effort to go the 3rd largest system successful the satellite successful his 3rd word (2024-29).

Companies should instrumentality vantage of India’s maturation communicative for collaboration and innovation by co-developing, co-designing, and co-producing successful India for the world, harnessing the opportunities from the country’s economical and technological growth, helium said.

Assuring the concern leaders of India’s heavy committedness to the extortion of intelligence spot and to fostering tech innovation, Modi highlighted the economical translation happening successful the country, peculiarly successful electronics and accusation exertion manufacturing and semiconductors.

Had a fruitful roundtable with tech CEOs successful New York, discussing aspects relating to technology, innovation and more. Also highlighted the strides made by India successful this field. I americium gladsome to spot immense optimism towards India. pic.twitter.com/qW3sZ4fv3t

Narendra Modi (@narendramodi) September 23, 2024

Modi asserted that his authorities was committed to making India a “global hub of semiconductor manufacturing”.

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The gathering saw the information of CEOs of 15 large US-based firms moving connected cutting-edge technologies specified arsenic AI, quantum computing and semiconductors.

“Had a fruitful roundtable with tech CEOs successful New York, discussing aspects relating to technology, innovation and more. Also highlighted the strides made by India successful this field. I americium gladsome to spot immense optimism towards India,” Modi said successful a station connected X.

During the conference, Modi said exertion collaboration and efforts specified arsenic the Initiative connected Critical and Emerging Technologies (ICET) prevarication astatine the halfway of the India-US Comprehensive Global Strategic Partnership, according to a Ministry of External Affairs statement.

Organised by the Massachusetts Institute of Technology (MIT) School of Engineering, the CEOs of apical US tech firms, including Google CEO Sundar Pichai, Adobe CEO Shantanu Narayen, Accenture CEO Julie Sweet and NVIDIA CEO Jensen Huang attended the meeting.

Others who participated successful the roundtable included AMD CEO Lisa Su, HP Inc. CEO Enrique Lores, IBM CEO Arvind Krishna, Dr Noubar Afeyan, Chairman of Moderna, and Verizon CEO Hans Vestberg.

Modi besides talked astir India’s BIO E3 (biotechnology for environment, system and employment) argumentation to make the state into a biotech powerhouse and connected the taxable of AI, noted that India’s argumentation is to beforehand AI for all, underpinned by its ethical and liable use.

Others who attended the league included Biogen Inc CEO Chris Viehbacher, CEO of Bristol Myers Squibb, Chris Boerner, Eli Lilly and Company CEO David A Ricks, LAM Research CEO Tim Archer, GlobalFoundries CEO Thomas Caulfield, and the CEO of Kyndryl, Martin Schroeter.

“Further cementing exertion and concern connect. PM @narendramodi interacted with the apical tech leaders and CEOs of USA, successful a Roundtable hosted by the Massachusetts Institute of Technology School of Engineering, successful New York today. PM emphasised India’s maturation prospects and discussed initiatives to foster collaborations and innovation crossed divers sectors,” the authoritative relationship of the MEA said successful a station connected X.

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