Prime Minister Narendra Modi continued his three-day US visit with a series of engagements aimed at bolstering technological cooperation and economic ties between India and the United States. On Day 2 of his visit, PM Modi met with a distinguished group of industry leaders representing sectors crucial to both nations' economic futures.
Tech CEO Roundtable Highlights Potential for Collaboration
PM Modi participated in a CEO roundtable discussion attended by prominent figures from the technology sector, including Shantanu Narayen of Adobe, Sundar Pichai of Google, Arvind Krishna of IBM, Lisa Su of AMD, and Noubar Afeyan of Moderna. The discussions focused on exploring opportunities for collaboration in areas such as semiconductors, electronics, biotechnology, and artificial intelligence.
In an online post following the roundtable, PM Modi expressed optimism about the future of India-US technological collaboration. "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," he stated.
Bilateral Meeting with President Biden
Earlier, PM Modi and President Joe Biden held a bilateral meeting where they reaffirmed their commitment to enhancing resilient and sustainable semiconductor supply chains. They welcomed initiatives such as GlobalFoundries' establishment of the GF Kolkata Power Center in India, aimed at boosting research and development in chip manufacturing.
A joint fact sheet released by the White House highlighted new avenues of cooperation, including IBM's agreements with India to deploy its Watsonx platform on India's Airawat supercomputer. This collaboration aims to drive innovation in artificial intelligence and advanced semiconductor processors, supporting India's National Quantum Mission.
Advancing the Innovation Handshake
Both leaders acknowledged progress under the "Innovation Handshake" agenda, initiated with an MoU between the US Commerce Department and India's Ministry of Commerce and Industry. This initiative has fostered two industry roundtables, facilitating connections between startups, venture capital firms, and government bodies in both countries to accelerate innovation and investment.
Quad Summit and Address to Indian Community
On Day 1 of his visit, PM Modi participated in the fourth Quad Leaders' Summit in Delaware, underscoring India's commitment to regional stability and prosperity in the Indo-Pacific. India has agreed to host the next Quad Summit in 2025, highlighting its role in shaping regional security and economic cooperation.
During his stay in New York, PM Modi also addressed a large gathering of the Indian community, emphasizing their role as ambassadors of India's cultural and economic progress abroad.
Upcoming Summit of the Future
On Day 3 of his visit, PM Modi will address the 'Summit of the Future' at the United Nations General Assembly, themed 'Multilateral Solutions for a Better Tomorrow'. The summit will convene global leaders to discuss pressing global challenges and opportunities for collective action.
Prime Minister Modi's US visit underscores India's pivotal role in shaping global technology trends and fostering international partnerships to drive innovation and sustainable development.
Prime Minister Modi is scheduled to hold bilateral meetings with several world leaders on the sidelines of the UN General Assembly, discussing mutual interests and global issues of significance.
In conclusion, Prime Minister Narendra Modi's engagements during his US visit reflect India's proactive stance in harnessing technology for economic growth and fostering international partnerships. With a focus on innovation, sustainable development, and multilateral cooperation, India aims to play a pivotal role in shaping a better future for all.
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