During his three-day visit to the United States, Prime Minister
Narendra Modi engaged with industry leaders to highlight India’s potential and opportunities on the global stage. At a roundtable in New York, PM Modi assured US business leaders of India’s strong commitment to protecting intellectual property and fostering technological innovation.
The CEOs guest list
The roundtable included prominent figures such as Adobe’s Chairman and CEO Shantanu Narayen, Google CEO Sundar Pichai, IBM CEO Arvind Krishna, AMD CEO Lisa Su, and Nvidia CEO Jensen Huang, among others.
PM Modi invited the participating companies to explore co-development, co-design, and co-production opportunities in India, pointing to the country’s rapid economic and technological transformation. He emphasized India’s strategic efforts in electronics and IT manufacturing, semiconductor production, biotech advancements, and green development.
AI, semiconductors and more on agenda
On the second day of his visit, the Prime Minister discussed enhancing collaboration between the US and India in cutting-edge fields like Artificial Intelligence, quantum computing, semiconductors, and biotechnology. According to an official statement from the Prime Minister’s Office, the discussions focused on the global technology landscape and the impact of innovations on human development and the world economy. The CEOs shared insights on how their companies are leveraging technology for innovation and expressed a keen interest in collaborating with India.
PM Modi emphasized the importance of initiatives such as the India-US Initiative on Critical and Emerging Technologies (ICET) as central to the India-US Comprehensive Global Strategic Partnership. He highlighted that technology cooperation between India and the United States could drive mutual benefits and growth.
In a social media post on ‘X’, PM Modi said, “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.”
The Prime Minister outlined his government’s ambitious plans to turn India into a global hub for semiconductor manufacturing and mentioned the BIO E3 policy aimed at making India a biotech powerhouse. On Artificial Intelligence, he reiterated India’s focus on promoting AI for all, stressing the ethical and responsible use of this technology.
The CEOs responded positively, expressing strong interest in increasing investments and collaborations with India. They recognized India’s growing role as a global technology hub, driven by its favorable policies, thriving market, and growing talent pool. Many also highlighted the synergies they see in investing in Indian startups to co-create new technologies and solutions for the future.
The roundtable concluded with a mutual commitment to exploring deeper collaboration and partnerships to advance technological innovation on a global scale.