Prime Minister Narendra Modi has urged top US technology companies to explore India as a destination for manufacturing and innovation.
He met with tech CEOs in New York a day after attending the annual meeting of the Quad countries, which also includes the United States, Australia and Japan.
India has been positioning itself as an alternative to China to attract global companies looking to diversify their supply chains.
China has been particularly focused on semiconductor manufacturing in the past few years, but it still lags far behind major suppliers such as China and Taiwan.
Modi’s meeting with tech leaders on Monday was attended by 15 senior CEOs, including Google’s Sundar Pichai, Adobe’s Shantanu Narayen, IBM’s Al Arvind Krishna and NVIDIA’s Jensen Huang.
“They can co-develop, co-design and co-produce in India for the world,” Modi said in a speech at the meeting.
India’s Ministry of External Affairs said in a statement that the roundtable discussed the application of technology in innovation, “which has the potential to revolutionize the global economy and human development.”
Modi also addressed a rally of Indian-Americans, whom he called India’s “brand ambassadors” and told 15,000 people In New York, India is the key to “global development, global peace, global climate action, global innovation, global supply chains.”
Modi met US President Joe Biden on the sidelines of the Quad summit on Saturday and the two countries signed multiple agreements.
The semiconductor agreement between India and the United States, known as a “watershed arrangement,” aims to set up a manufacturing facility to produce chips for national security, next-generation telecommunications and green energy applications. Joint release.
This is from India first such project In partnership with the United States, the country will supply chips to the U.S. armed forces, allied forces and the Indian Army.
previous try India has not seen the expected results in building an indigenous semiconductor manufacturing industry. But as the U.S. aims to build resilience against China’s semiconductor industry, which is critical to modern technology, the agreement has given India new energy.
indian express report The factory will focus on “three important pillars of modern warfare: advanced sensing, advanced communications and high-voltage power electronics.”
Modi is visiting the United States for the first time since winning a third term in June and comes just weeks before the U.S. presidential election in which the Democrat is vying with Republican former President Donald Trump for re-election.
Last week, Trump announced that Modi was “a great guy” and that he would meet with him. But Indian diplomats have remained silent on the meeting and it has not happened so far.
On Saturday, Quad leaders issued a joint communiqué focused on maritime security in the Indo-Pacific region.
“We strongly oppose any destabilizing or unilateral action that seeks to change the status quo through force or coercion… We seek a region where no country dominates and no country is dominated – a country where all countries are free from coercion, and can exercise their own power to determine their future.” statement read.
Analysts said that the statement did not name China, but a large part of the information was directed at China. They also noticed that the language seemed more intense.
“The language in the joint statement on provocations in the South China Sea, while not directly mentioning China, is stronger than ever. This comes as all four Quad countries are increasingly concerned about escalating Chinese activities there,” said Washington think tank Wilson said Michael Kugelman, director of the Center’s South Asia Institute.
Four partners also declare Expanded maritime surveillance, a pilot logistics network for natural disasters and a program to combat cervical cancer.
