1 month ago
Last Updated: September 23, 2024, 07:14 IST
New York, United States of America (USA)
The meeting took place at the Lotte New York Palace Hotel on Sunday during the second leg of Modi’s three-day US visit.
The roundtable saw the participation of CEOs of major US-based firms working on cutting-edge technologies such as AI, quantum computing and semiconductors
Prime Minister Narendra Modi participated in a roundtable with the CEOs of leading U.S. tech companies, where he underscored India’s growth prospects and pitched the country as a global technology hub with ample opportunities to foster bilateral collaborations across various sectors.
The meeting took place at the Lotte New York Palace Hotel on Sunday during the second leg of Modi’s three-day US visit. The event focused on key areas such as artificial intelligence, quantum technology, biotechnology, life sciences, IT and communications, and semiconductor technologies.
During the discussion, the CEOs delved into the “evolving global technology landscape” and its impact on human well-being, including advancements in India, according to the Ministry of External Affairs (MEA). They explored how technology can drive innovations that have the potential to revolutionise the global economy.
‘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,” Modi said in a post on X. Organized by the Massachusetts Institute of Technology (MIT) School of Engineering, the CEOs of top US tech firms included the following:
List Of CEOs
Global technology landscape
The CEOs participated in a deep dive with Prime Minister on the evolving technology landscape at a global level and how these cutting-edge technologies are contributing to the well-being of people around the world including in India, the MEA release said. They touched upon how technology is being leveraged for innovations, which have the potential to revolutionize the global economy and human development.
PM Modi commended the MIT School of Engineering and its Dean for convening the technology leaders, emphasising that collaboration and initiatives like the Initiative on Critical and Emerging Technologies (ICET) are central to the India-U.S. Comprehensive Global Strategic Partnership. He reaffirmed his government’s commitment to making India the world’s third-largest economy and encouraged companies to leverage India’s growth story for collaboration and innovation.
‘Transformation underway in India’
PM Modi also underlined the economic transformation underway in India, particularly in sectors such as electronics, IT manufacturing, semiconductors, and green technology. He emphasised the government’s commitment to establishing India as a global hub for semiconductor manufacturing and detailed the BIO E3 policy aimed at transforming India into a biotech powerhouse. Regarding artificial intelligence, he stated that India promotes an “AI for All” policy, rooted in ethical and responsible usage.
According to the Ministry of External Affairs, the CEOs expressed strong interest in investing and collaborating with India, noting the country’s emergence as a global technology hub driven by innovation-friendly policies and market opportunities. They recognised the potential for synergistic opportunities in investing in startups to develop new technologies, the MEA added.
