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Modi Engages Leading U.S. CEOs, Invites Them to Join the India Growth Story

RR Team, September 24, 2024September 24, 2024

Prime Minister Narendra Modi showcased India as a unique blend of democracy and technology during a recent meeting with leading tech CEOs at the MIT School of Engineering in New York. He emphasized India’s potential for policy predictability, a robust market, a talented workforce, and scalable opportunities, inviting global tech leaders to invest and engage in the country’s growth narrative.

Modi expressed his view that American tech companies could collaborate with India to tackle pressing global challenges, stating, In the quest for a self-reliant and strong India, I see you as co-travelers. My doors are always open for you. I learn from you and apply those insights to governance, helping India make rapid strides.

Highlighting the importance of balancing technology with democratic values, Modi remarked, The welfare of humanity is ensured by the combination of technology and democracy. Technology without democracy can lead to crises. He encouraged tech leaders to seize the rare opportunity presented by India, noting, You have a unique experience in India compared to the rest of the world.

During the discussion, Modi outlined India’s advancements in data protection laws and data governance frameworks, underscoring the nation’s commitment to the ethical use of artificial intelligence. He proposed that, similar to aviation regulations, there needs to be a global AI framework to address issues like deepfakes, citing India’s proactive measures in this arena.

The Prime Minister also touched upon India’s burgeoning biotechnology sector, highlighting the fertile ecosystem supported by a diverse gene pool and a strong scientific community. What works in India can be applied elsewhere, he stated, reinforcing his belief in the country’s capabilities.

Technology has been a central theme throughout Modi’s U.S. visit, evident in various diplomatic engagements, including the Quad statement and his address at the UN. His discussions with the Indian diaspora and interactions with business leaders reflect India’s commitment to becoming a global technology hub, inviting collaboration and investment from the world’s foremost innovators.

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