PM Modi at present met high tech CEOs in the US at a roundtable discussion board in New York
New York:
As a part of his engagements on the Day 2 of his three-day US go to, Prime Minister Narendra Modi met a bunch of trade leaders, starting from semiconductors to electronics to biotechnology, the place they mentioned the potential and alternatives India has to supply.
Amongst those that took half on the CEO roundtable have been Chairman President and CEO Adobe Shantanu Narayen; CEO Google Sundar Pichai; CEO IBM Arvind Krishna; Lisa Su-Chair and CEO AMD; Noubar Afeyan-Chairman Moderna.
With the CEOs of main US-based firms, Prime Minister Modi was to debate fostering better collaborations between the 2 nations within the cutting-edge areas of AI, quantum computing, semiconductors, and biotechnology.
In the course of the India US bilateral assembly on Saturday, President Joe Biden and Prime Minister Narendra Modi praised mixed efforts to facilitate resilient, safe, and sustainable semiconductor provide chains together with by means of GlobalFoundries’ (GF) creation of the GF Kolkata Energy Middle in Kolkata, India that may improve mutually useful linkages in analysis and growth in chip manufacturing.
In line with a joint truth sheet launched by the White Home, the leaders welcomed new non-public sector cooperation on rising applied sciences, reminiscent of by means of IBM’s current conclusion of memoranda of understanding with the Indian authorities, which can allow IBM’s Watsonx platform on India’s Airawat supercomputer and drive new AI innovation alternatives, improve R&D collaboration on superior semiconductor processors, and enhance assist for India’s Nationwide Quantum Mission.
Each the leaders welcomed progress because the November 2023 signing of an MoU between the Commerce Division and the Ministry of Commerce and Business to reinforce the 2 nations’ innovation ecosystems beneath the “Innovation Handshake” agenda.
Since then, the 2 sides have convened two trade roundtables within the US and India to carry collectively startups, non-public fairness and enterprise capital companies, company funding departments, and authorities officers to forge connections and to speed up funding in innovation.
Whereas in New York, Prime Minister Modi on Sunday additionally addressed an enormous gathering of the Indian group who converged in hundreds from numerous components of the nation.
On Day 1, Saturday, Prime Minister Modi took half within the fourth Quad Leaders’ Summit in Wilmington, Delaware, which is being hosted by US President Joe Biden. Following the request of the US facet to host the Quad Summit this 12 months, India has agreed to host the following Quad Summit in 2025. The discussion board has emerged as a key group of the like-minded nations to work for peace, progress and prosperity within the Indo-Pacific area.
On Day 3, Monday, Prime Minister Modi will deal with the ‘Summit of the Future’ on the United Nations Common Meeting in New York, earlier than he departs for India. The theme of the Summit is ‘Multilateral Options for a Higher Tomorrow’.
Numerous international leaders are anticipated to take part within the Summit. On the sidelines of the Summit, Prime Minister could be holding bilateral conferences with a number of world leaders and talk about problems with mutual curiosity.
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