 "In a dramatic meeting, PM Modi urged top tech CEOs to innovate in India, strengthening global partnerships and technological ambitions.")
During his recent three-day visit to the U.S., Prime Minister Narendra Modi engaged with 15 top tech CEOs in New York, emphasizing India’s potential for technology collaboration. He urged these leaders to co-develop innovative solutions in India, highlighting the country’s growing status as a global tech hub. Prominent figures from major companies, such as Google and NVIDIA, attended the meeting, expressing strong interest in investing in Indian startups. Modi also discussed India’s commitment to becoming a leader in semiconductor manufacturing and biotech, while promoting an ethical approach to artificial intelligence. This initiative is part of strengthening the India-U.S. strategic partnership, aiming for significant technological advancements and economic growth.
Prime Minister Narendra Modi held a significant meeting with 15 top tech CEOs during his visit to the United States, aiming to strengthen collaborations in technology and innovation. This meeting took place on the second day of his three-day tour in New York, where he urged these influential leaders to “co-develop, co-design, and co-produce in India for the world,” as stated by the Ministry of External Affairs.
The gathering included notable figures from major tech companies like Google and IBM, along with a strong representation from the semiconductor manufacturing and biotechnology sectors. The discussions offered a deep insight into the evolving global technology landscape and how advancements are enhancing lives worldwide, particularly in India.
The CEOs expressed their eagerness to invest and collaborate with India, recognizing the country’s rising status as a global technology hub driven by favorable policies and Market opportunities. They highlighted the mutual benefits of investing in startups, which could lead to groundbreaking technological innovations.
Modi emphasized the importance of technology collaboration through initiatives like the Initiative on Critical and Emerging Technologies (ICET), positioning it as central to the India-US Comprehensive Global Strategic Partnership. He stated his vision for India to become the world’s third-largest economy during his third term and assured the CEOs of India’s commitment to protecting intellectual property and fostering technological innovation.
The Prime Minister also discussed ongoing economic transformations in sectors ranging from electronics to green development and laid out India’s plans to become a global leader in semiconductor manufacturing. He underlined the country’s biotech ambitions through its BIO E3 policy and advocated for ethical and responsible uses of Artificial Intelligence (AI), with Nvidia’s CEO in attendance.
This notable meeting was facilitated through the efforts of the MIT School of Engineering, marking a significant step towards a collaborative future in technology for both India and the global tech community.
Tags: Modi, Tech CEOs, India-US Relations, Technology Collaboration, Semiconductor Manufacturing, Biotechnology, Artificial Intelligence, Innovation
Image Caption: The CEOs participated in a deep dive with the Prime Minister on the evolving technology landscape at a global level. Photo: X@NarendraModi
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What does co-develop, co-design, and co-produce mean?
Co-develop, co-design, and co-produce mean working together with partners to create new products, services, or technologies. This involves sharing ideas, resources, and expertise to achieve common goals. -
Why is this approach important for India and the world?
This approach helps to bring together different skills and experiences, leading to better and more innovative solutions. It can boost economic growth and strengthen relationships between countries like India and the US. -
How can US tech companies benefit from this collaboration?
US tech companies can access new markets, tap into India’s vast talent pool, and benefit from local insights that can help improve their products and services for a diverse customer base. -
What sectors can benefit from this co-creation process?
Many sectors can benefit, including technology, healthcare, agriculture, and renewable energy. These areas can see significant improvements through shared innovation and resources. - How can companies get started with co-development in India?
Companies can start by reaching out to local partners, attending industry events, and exploring joint ventures. Building strong relationships and understanding local needs are key steps in this process.
