PM Modi attends tech CEOs meet, discusses emerging technologies like AI
The prime minister stressed that in his third term, India will make every effort to become the third largest economy in the world, and encouraged the companies to take advantage of India’s growth story for collaboration and innovation.
Prime Minister Narendra Modi participated in a “fruitful” roundtable with the CEOs of leading American tech companies, where he emphasised India’s growth prospects and discussed initiatives to foster bilateral collaborations across reasonably some sectors.
The meeting came about at the Lotte New York Palace Hotel on Sunday worldwide the 2d leg of Modi’s three-day US seek advice from. It saw the participation of CEOs of 15 major US-based firms engaged on cutting-edge technologies reminiscent of AI, quantum computing and semiconductors.
“Had a fruitful roundtable with tech CEOs in New York, discussing aspects regarding technology, innovation and more. Also highlighted the strides made by India on this field. I'm glad to peer immense optimism towards India,” Modi said in a post on X.
Around the world the conference, Modi said technology collaboration and efforts reminiscent of the Initiative on Critical and Emerging Technologies (ICET) lie at the core of the India-US Comprehensive Global Strategic Partnership, consistent with a Ministry of External Affairs press release.
The prime minister wired that in his third term, India will make every effort to turn into the third largest economy within the arena, and encouraged the companies to take good thing about of India’s growth story for collaboration and innovation.
“They can perhaps co-develop, co-design, and co-produce in India for the arena, harnessing the opportunities from India’s economic and technological growth,” the press release said.
Organised by the Massachusetts Institute of Technology (MIT) School of Engineering, the CEOs of top US tech firms, including Google CEO Pichai, Adobe CEO Shantanu Narayena, Accenture CEO Julie Sweet and NVIDIA CEO Jensen Huang attended the conference.
Others who participated within the roundtable include AMD CEO Lisa Su, HP Inc. CEO Enrique Lores, IBM CEO Arvind Krishna, Dr Noubar Afeyan, Chairman of Moderna, and Verizon CEO Hans Vestberg.
Assuring the business leaders of India’s deep commitment to the protection of intellectual property and to fostering tech innovation, Modi highlighted the economic transformation going on within the country, specifically in electronics and data technology manufacturing and semiconductors.
Modi asserted that his government changed into committed to creating India a “global hub of semiconductor manufacturing”.
He also talked about India’s BIO E3 (biotechnology for environment, economy and employment) policy to develop the country right into a biotech powerhouse and on the topic of AI, noted that India’s policy is to promote AI for All, underpinned by its ethical and guilty use.
The CEOs appreciated India’s growing prominence as a world technology hub, driven by its innovation-friendly policies and flourishing market opportunities. They also expressed strong interest in investing and collaborating with India, agreeing that investing in startups would be a synergistic opportunity to innovate and develop newer technologies within the country.
Others who attended the conference include 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.
“As well as cementing technology and business connect. PM @narendramodi interacted with the pinnacle tech leaders and CEOs of USA, in a Roundtable hosted by the Massachusetts Institute of Technology School of Engineering, in New York lately. PM emphasised India’s growth prospects and discussed initiatives to foster collaborations and innovation across diverse sectors,” the official account of the MEA said in a post on X.
Earlier within the day, Modi addressed the Indian diaspora at the packed Nassau Veterans Coliseum on Long Island in New York. He also held bilateral meetings with world leaders at the sidelines of the UN General Assembly session here.
Modi reached New York on Saturday after attending the Quad Leaders’ Summit hosted by President Joe Biden in Wilmington, Delaware.
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