Prime Minister Narendra Modi on Sunday held a roundtable with the CEOs of leading American tech companies, where he discussed India's potential and investment possibilities for these companies back home.
The tech CEOs who attended the roundtable included Google CEO Pichai, Adobe CEO Shantanu Narayena, Accenture CEO Julie Sweet and NVIDIA CEO Jensen Huang. Others who participated in the meeting include AMD CEO Lisa Su, HP Inc. CEO Enrique Lores, IBM CEO Arvind Krishna, Dr Noubar Afeyan, chairman of Moderna, and Verizon CEO Hans Vestberg.
The meeting took place at the Lotte New York Palace Hotel on Sunday during the second leg of Modi's three-day US visit.
The Prime Minister invited these companies to India and assured them a role in India's growth story. "They can co-develop, co-design, and co-produce in India for the world, harnessing the opportunities from India's economic and technological growth," the press release issued by the Ministry of External Affairs said.
Modi also stressed the collaboration of these companies with India in the fields of Artificial Intelligence, Quantum Computing, semiconductors and biotechnology.
With regard to semiconductor manufacturing, Modi reiterated India's commitment to the case, stating the aim was to make India a "global hub of semiconductor manufacturing". He also spoke about developing India into a biotech powerhouse and AI for all.
The CEOs hailed the strides India made in turning into a global technology hub and expressed interest in collaborating with India. They agreed that investing in startups would be a synergistic opportunity to innovate and develop newer technologies in the country.