Prime Minister Narendra Modi met with the top technology and biosciences leaders after outlining his vision of making India a technology powerhouse at a rally of the diaspora. After the meeting with 15 CEOs from chip design and manufacture, IT, and biosciences fields on Sunday, he posted on X that he was "glad to see immense optimism towards India."
His government was "committed to making India a global hub of semiconductor manufacturing" and a biotech powerhouse, PM Modi told them, as according to the Ministry of External Affairs press release. It said India's policy is "to promote AI for All, underpinned by its ethical and responsible use." PM Modi's X post called the roundtable "fruitful" and that they discussed technology and innovation while he "highlighted the strides made by India in this field." He met separately with Kris Singh, the CEO of Holtec International, which makes small nuclear reactors.
"They discussed Holtec's plan to expand manufacturing in India and the scope for enhancing cooperation in the area of civil nuclear energy," said an X post from MEA Spokesperson Randhir Jaisal. The MEA release said that the roundtable with the CEOs of tech and bioscience focused on artificial intelligence and quantum computing; biotechnology and life sciences; computing, IT and communication, and semiconductor technologies.
The release quoted that they had a "deep dive" 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". MEA further stated that PM Modi assured the CEOs that India has a "deep commitment" toward the protection of intellectual property. In his third term, he said, "India will make every effort to become the third-largest economy in the world," he said, asking them "to take advantage of India's growth story for collaboration and innovation".
"They can co-develop, co-design, and co-produce in India for the world, harnessing the opportunities from India's economic and technological growth," said the release. On previous visits to the US, he has met quite a number of tech leaders. This time more were leaders in the chip, semiconductor, and biosciences fields. The leaders from the chip field included CEOs Jensen Huang of Nvidia, Lisa Su of AMD, Tim Archer of Lam Research, Thomas Caulfield of Global Foundries, and Arvind Krishna of IBM.
The round table was attended by the CEOs, including those from IT- Shantanu Narayen of Adobe, Sundar Pichai of Google, Enrique Lores of HP, and Hans Vestberg of Verizon, while from life sciences and biotech, CEOs Chris Viehbacher of Biogen, Chris Boerner of Briston Squibb Myers, David Ricks of Eli Lilly, and Noubar Afeyan, the chairman of Moderna.
The release said that the MEA stated they expressed their "strong interest in investing and collaborating with India, seeing its growing prominence as a global technology hub, driven by its innovation-friendly policies and flourishing market opportunities."
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