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 number of business 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 corporations, 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 GlobalFoundries’ (GF) creation of the GF Kolkata Energy Heart in Kolkata, India that can improve mutually useful linkages in analysis and improvement in chip manufacturing.
In keeping with a joint truth sheet launched by the White Home, the leaders welcomed new non-public sector cooperation on rising applied sciences, comparable to by IBM’s current conclusion of memoranda of understanding with the Indian authorities, which is able to 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 improve assist for India’s Nationwide Quantum Mission.
Each the leaders welcomed progress for the reason that November 2023 signing of an MoU between the Commerce Division and the Ministry of Commerce and Trade to boost the 2 nations’ innovation ecosystems beneath the “Innovation Handshake” agenda.
Since then, the 2 sides have convened two business roundtables within the US and India to deliver 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 neighborhood who converged in hundreds from varied 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 aspect 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 world leaders are anticipated to take part within the Summit. On the sidelines of the Summit, Prime Minister can be holding bilateral conferences with a number of world leaders and focus on problems with mutual curiosity.
(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)