NEW YORK :
PRIME Minister Narendra
ModiurgedCEOs of US majors
to take advantage of India’s
growth story as the country is
making all efforts to become
thethirdlargesteconomyofthe
world in his third term.
India is currently the fifth
largest economy of the world
after the US, China, Germany
andJapanwithaGDPofaround
USD3.9trillion.Indiahasbeen
the fastest growing large
economies of the world with
GDP growth rate of over 7 per
cent for the last three consecutive years.
AddressingCEOsofthelarge
UStechfirmsonSunday, Modi
saidIndiawillmakeeveryeffort
to become the third largest
economy in the world in his
third term (2024-29).
Companies should take
advantageofIndia’sgrowthstory for collaboration and innovation by co-developing, codesigning,andco-producingin
India for the world, harnessing the opportunities fromthe
country’s economic and technological growth, he said.
Assuring the business leadersofIndia’sdeepcommitment
to the protection of intellectual property and to fostering
tech innovation, Modi highlighted the economic transformation happening in the
country, particularly in electronics and information technology manufacturing and
semiconductors.
Modi asserted that his
Government was committed
to making India a “global hub
of semiconductor manufacturing”.
Themeetingtookplaceatthe
Lotte New York Palace Hotel
on Sunday during the second
leg of Modi’s three-day US visit. It saw the participation of
CEOs of 15 major US-based
firmsworkingoncutting-edge
technologies suchasAI,quantum computing and semiconductors.
“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 gladtosee immense
optimismtowardsIndia,”Modi
said in a post on X.
Duringtheconference,Modi
said technology collaboration
andeffortssuchastheInitiative
on Critical and Emerging
Technologies (ICET) lie at the
core of the India-US
Comprehensive Global
Strategic Partnership, according to a Ministry of External
Affairs press release.
Organised by the
Massachusetts Institute of
Technology (MIT) School of
Engineering, the CEOs of top
UStechfirms,includingGoogle
CEOSundarPichai,AdobeCEO
ShantanuNarayena,Accenture
CEO Julie Sweet and NVIDIA
CEO Jensen Huang attended
the meeting.
Others who participated in
the roundtable included AMD
CEO Lisa Su, HP Inc.
CEO
EnriqueLores,IBMCEOArvind
Krishna, Dr Noubar Afeyan,
Chairman of Moderna, and
Verizon CEO Hans Vestberg.
Modi also talked about
India’s BIO E3 (biotechnology
forenvironment,economyand
employment) policy to develop the country into a biotech
powerhouse and on the topic
of AI, noted that India’s policy
is to promote AI for all, underpinned by its ethical and
responsible use.
TheCEOsappreciatedIndia’s
growingprominenceasaglobal technology hub, driven by
itsinnovation-friendlypolicies
andflourishingmarketopportunities. They also expressed
stronginterestininvestingand
collaboratingwithIndia,agreeing that investing in startups
would be a synergistic opportunity to innovate and develop newer technologies in the
country. Others who attended the
conference included Biogen
IncCEOChrisViehbacher,CEO
of Bristol Myers Squibb, Chris
Boerner,EliLillyandCompany
CEO David A. Ricks, LAM
Research CEO Tim Archer,
GlobalFoundriesCEOThomas
Caulfield, and the CEO of
Kyndryl, Martin Schroeter.
“Further cementing technology and business connect.
PM @narendramodi interactedwiththetoptechleadersand
CEOs of USA, in a Roundtable
hosted by the Massachusetts
InstituteofTechnologySchool
ofEngineering,inNewYork on
Sunday.PMemphasisedIndia’s
growth prospects and discussed initiatives to foster collaborations and innovation
acrossdiversesectors,”theofficial account of the MEA said
in a post on X.
The Prime Minister had a
separatemeetingwithKrishna
P Singh, CEO of Holtec
International, which is into
nuclear and solar power generation. They discussed
Holtec’s plan for expandingmanufacturing in India andadvancingenergycooperation,
PMO India said in a post on X.
Earlier on Sunday, Modi
addressed the Indian diaspora at the packed NassauVeterans Coliseum on LongIsland in New York
PM meets heads of Palestine, Nepal, Kuwait
NEW YORK,
Sept 23 (PTI)
PRIME Minister Modi held separatetalkswithworldleaders including his Nepalese counterpart K P Sharma Oli, and Palestinian President Mahmoud Abbas, discussing various facets of bilateral ties and reaffirmed India’s support for the Palestinian people. Modi is in New York on the second leg of his three-day US visit and met the leaders on the sidelines of the UN General Assembly session. “Had a very good meeting with Prime Minister KP Oli in New York. The India-Nepal friendship is very robust and we look forward to adding evenmore momentum to our ties. Our talks focused on issues such as energy, technology and trade,” Modi said in a post on X. “Deepening the warm and closefriendship.PM@narendramodi met PM @kpsharmaoli of Nepal, on the sidelines ofthe UNGA today,” the officialaccountoftheMinistry ofExternalAffairssaidinapost on X.
“Thetwoleadersdiscussed matters of mutual interest to strengthen cooperation in all areasofage-old,multi-faceted andexpanding-partnership,” it added. Oli is in theUSonhismaiden foreign visit to attend the 79th Session of the UNGA, breaking the tradition of visiting a neighbouring country first. “Had a fruitful meeting with the Prime Minister of India Shri @narendramodi ji onthe sidelinesof #UNGA79. During the meeting, various matters of bilateral relations were discussed,” Oli said in a post on X. Modi met with Palestine’s PresidentAbbas andreiterated India’s support for the Palestinian people. “PM @narendramodi met H.E. Mahmoud Abbas, President of Palestine, on the sidelinesofUNGAtoday,” the MEA said in an X post. “PM expressed deep concern at the humanitarian situationinGazaandreaffirmed India’s continued support to the people of Palestine,” it said. Modi also met Kuwait’s Crown Prince Sheikh Sabah KhalidAlSabahanddiscussed ways to deepen “historical linkages”and“people-to-people contacts”. “Taking new strides in India-Kuwait ties. PM @narendramodi met HH Sheikh Sabah Khaled AlHamadAl-MubarakAl-Sabah, Crown Prince of the State of Kuwaittoday,onthesidelines of UNGA. The leaders reviewed - bilateral relations anddiscussedways tofurther strengthenourhistoricallinkagesandstrongpeopletopeople contacts,” the MEA said in a separate post on X