PM Narendra Modi Highlights India-US Tech Partnership in New York
Prime Minister Narendra Modi emphasized the importance of technology collaboration between India and the United States during a CEO roundtable in New York. He highlighted the ‘Initiative on Critical and Emerging Technology’ (ICET) as a key part of the India-US Comprehensive Global Strategic Partnership.
Reform, Perform, Transform
PM Modi stated that India has progressed with the mantra of ‘reform, perform, and transform.’ He believes that this approach will lead to rapid growth and global peace and prosperity. He also stressed the need for a balance between technology and democracy, noting that technology without democracy can lead to crises.
Focus on Artificial Intelligence
The Prime Minister pointed out that India is one of the first countries to work on AI strategies. He mentioned that AI stands for ‘America-India’ in his view, and emphasized the ethical use of AI. He called for collaboration between tech companies in India and America to solve global challenges.
Stable and Predictable Policies
PM Modi assured investors that India’s governance model is based on stable and predictable policies. He mentioned that India has made significant investments in the semiconductor industry and is receiving investments from around the world.
Meeting with Industry Leaders
During his three-day visit to the United States, PM Modi met with industry leaders including Adobe’s Shantanu Narayen, Google’s Sundar Pichai, IBM’s Arvind Krishna, AMD’s Lisa Su, and NVIDIA’s Jensen Huang. They discussed opportunities for collaboration in areas like AI, quantum computing, semiconductors, and biotechnology.
PM Modi invited these companies to explore co-development, co-design, and co-production opportunities in India, highlighting the country’s rapid economic and technological transformation.
Doubts Revealed
PM Narendra Modi -: PM stands for Prime Minister. Narendra Modi is the current Prime Minister of India, which means he is the head of the government.
India-US Tech Partnership -: This means that India and the United States are working together to develop and use new technologies.
CEO roundtable -: A CEO roundtable is a meeting where the Chief Executive Officers (CEOs) of different companies come together to discuss important topics.
New York -: New York is a big city in the United States. It is known for its tall buildings and is a major center for business and finance.
Initiative on Critical and Emerging Technology (ICET) -: ICET is a program that focuses on developing and using new and important technologies that are just starting to be used.
AI strategies -: AI stands for Artificial Intelligence. AI strategies are plans on how to use smart computer programs to do tasks that usually need human intelligence.
semiconductor industry -: The semiconductor industry makes tiny electronic parts that are used in almost all electronic devices, like computers and smartphones.
quantum computing -: Quantum computing is a new type of computing that uses the principles of quantum mechanics to process information much faster than regular computers.
biotechnology -: Biotechnology is the use of living things, like cells and bacteria, to make products or solve problems, such as making medicines or cleaning up pollution.