PM Modi Visits Tech Leaders in New York
Prime Minister Narendra Modi met with a number of business executives on the second day of his three-day visit to the US. They talked about the possibilities and chances that India has to offer and covered topics ranging from semiconductors to electronics to biotechnology.
CEOs Sundar Pichai of Google, Arvind Krishna of IBM, Lisa Su, the chair of AMD, Noubar Afeyan, the chair of Moderna, and Chairman President and CEO of Adobe Shantanu Narayen were among those who attended the CEO roundtable.
“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,” said PM Modi in an online post.
During the India US bilateral meeting on Saturday, President Joe Biden and Prime Minister Narendra Modi praised combined efforts to facilitate resilient, secure, and sustainable semiconductor supply chains including through GlobalFoundries’ (GF) creation of the GF Kolkata Power Center in Kolkata, India that will enhance mutually beneficial linkages in research and development in chip manufacturing.
According to a joint fact sheet released by the White House, the leaders welcomed new private sector cooperation on emerging technologies, such as through IBM’s recent conclusion of memoranda of understanding with the Indian government, which will enable IBM’s Watsonx platform on India’s Airawat supercomputer and drive new AI innovation opportunities, enhance R&D collaboration on advanced semiconductor processors, and increase support for India’s National Quantum Mission.
Both the leaders welcomed progress since the November 2023 signing of an MoU between the Commerce Department and the Ministry of Commerce and Industry to enhance the two countries’ innovation ecosystems under the “Innovation Handshake” agenda.
Since then, the two sides have convened two industry roundtables in the
US and India to bring together startups, private equity and venture capital firms, corporate investment departments, and government officials to forge connections and to accelerate investment in innovation.
