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  1. PM Modi attends tech CEOs roundtable in US on AI, semiconductors & more; check list of attendees

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PM Modi attends tech CEOs roundtable in US on AI, semiconductors & more; check list of attendees

Upstox

3 min read | Updated on September 23, 2024, 10:58 IST

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SUMMARY

PM Modi stated that in his third term, India would make every effort to become the world's third-largest economy. He also pressed firms to take advantage of India's growth story for collaboration and innovation.

PMModiUSRoundtable.webp

PM Narendra Modi interacted with technology industry leaders in New York in a Roundtable anchored by the Massachusetts Institute of Technology (MIT).

Prime Minister Narendra Modi on Sunday attended a 'fruitful' roundtable with chief executive officers (CEOs) of top American technology firms. At the table, he highlighted the economic transformation taking place in India, especially in the fields of electric and information technology (IT) manufacturing, semiconductors, green development, and biotech.

Taking to 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 meeting, which occurred at the Lotte New York Palace Hotel during the second day of PM Modi's three-day US visit, was attended by the CEOs of 15 US-based tech firms, including Nvidia's Jensen Huang and Google's Sundar Pichai.

List of CEOs who attended tech-roundtable with PM Modi; check list

Serial NumberName of the CompanyName of the CEO
1AccentureJulie Sweet
2AdobeShantanu Narayen
3AMDLisa Su
4Biogen IncChris Viehbacher
5Bristol Myers SquibbChris Boerner
6Eli Lilly and CompanyDavid A. Ricks
7GoogleSundar Pichai
8HP Inc.Enrique Lores
9IBMArvind Krishna
10LAM ResearchTim Archer
11ModernaNoubar Afeyan
12VerizonHans Vestberg
13Global FoundriesThomas Caulfield
14NVIDIAJensen Huang
15KyndrylMartin Schroeter

The Ministry of External Affairs (MEA), in a press release, said that the roundtable focused on artificial intelligence (AI) and quantum; semiconductor technologies; computing, IT and communication; and biotechnology and life sciences.

The Prime Minister stated that in his third term, India would make every effort to become the world's third-largest economy. He also pressed firms to take advantage of India's growth story for collaboration and innovation.

"They (US tech companies) 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 the protection of intellectual property and to fostering tech innovation," the MEA said.

The government said the CEOs have expressed strong interest in collaborating and investing in 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," it added.

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