June 23, 2025 10:11 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
DGCA orders termination of three Air India officials over safety lapses | Nitish Kumar announces big hike in pension under social security scheme ahead of Bihar polls | After denial, Priyank Kharge now secures External Affairs Ministry's clearance for US travel visit | Let inner peace become global peace: Modi's message to the world on International Yoga Day | 'Declined Trump's invitation as I had to visit Lord Jagannath's holy land': PM Modi in Odisha | Loyal to Congress for 16 years, differences can be discussed behind closed doors: Shashi Tharoor | Indians will soon feel ashamed to speak in English: Amit Shah amid language debate | Crashed Air India aircraft's black box to be sent to US for data recovery as India lacks 'proper equipment' | After SC's rap, Karnataka govt promises securities to theatres if Kamal Haasan's Thug Life releases | 'Misconduct proved': Probe panel recommends 'cash pile' accused Justice Yashwant Varma's impeachment
Narendra Modi
Photo Courtesy: PIB

Narendra Modi interacts with technology industry leaders in New York, AI remains key focus

| @indiablooms | Sep 23, 2024, at 02:33 pm

Narendra Modi interacted with technology industry leaders in New York in a Roundtable anchored by the Massachusetts Institute of Technology (MIT), School of Engineering focussing on Artificial Intelligence and Quantum.

"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," read a government statement.

They touched upon how technology is being leveraged for innovations, which have the potential to revolutionize the global economy and human development.

Prime Minister Modi appreciated the efforts of the MIT School of Engineering and its Dean for bringing the technology leaders together.

He noted that technology collaboration and efforts such as the Initiative on Critical and Emerging Technologies [ICET] lie at the core of the India-US Comprehensive Global Strategic Partnership.

He stressed that in his third term, India will make every effort to become the third largest economy in the world.

He encouraged the companies 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.

He assured the business leaders of India’s deep commitment to protection of intellectual property and to fostering tech-innovation.

Prime Minister Modi highlighted the economic transformation happening in India, particularly in electronics and information technology manufacturing, semiconductors, biotech and green development.

He stated that his government was committed to making India a global hub of semiconductor manufacturing.

He also dwelt on India’s BIO E3 policy to develop India into a biotech powerhouse. On AI, he noted that India’s policy is to promote AI for All, underpinned by its ethical and responsible use.

The CEOs expressed their strong interest in investing and collaborating with India.

India's growing prominence as a global technology hub, driven by its innovation-friendly policies and flourishing market opportunities, got much appreciation from the tech-leaders.

They also agreed that investing in startups would be a synergistic opportunity to innovate and develop newer technologies in India.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.