India’s Prime Minister Narendra Modi and the President of the United States, Joseph R. Biden, met at the White House in Washington, D.C. for the India-US Hi-Tech Handshake event, signifying the intensification of technology cooperation between the two countries. The event, moderated by the US Secretary of Commerce, Her Excellency Ms. Gina Raimondo, brought together prominent Indian and American CEOs of technology companies and entrepreneurs to discuss the future of the India-US Technology Partnership.
The forum’s central themes were ‘AI for All’ and ‘Manufacturing for Mankind,’ intending to utilize artificial intelligence and technology-driven manufacturing to resolve societal needs. President Biden and Prime Minister Modi discussed the transformative potential of the India-US Technology Partnership in establishing an AI-enabled inclusive economy that meets the needs of their citizens and the global community.
During the event, industry leaders examined potential avenues for collaboration, emphasizing the significance of leveraging existing connections between the Indian and American tech ecosystems. They highlighted India’s skilled labor force and advancements in Digital Public Infrastructure as crucial factors in nurturing global partnerships. The CEOs called for consistent engagement and strategic partnerships, highlighting the need to collaborate on standards and promote innovation.In his remarks, Prime Minister Modi emphasized the enormous potential for India-US technological cooperation to stimulate socio-economic growth. He praised India’s talented youth for nurturing an innovative culture. On the other hand, President Biden urged CEOs to expand the India-US technology partnership into new fields, such as biotechnology and quantum technology. Both leaders emphasized that the India-United States partnership would be crucial in shaping a better future for their respective countries and the globe.
Prominent business executives from the United States and India attended the event. The United States was represented by CEOs such as Revathi Advaithi of Flex, Sam Altman of OpenAI, Mark Douglas of FMC Corporation, Lisa Su of AMD, Will Marshall of Planet Labs, Satya Nadella of Microsoft, Sundar Pichai of Google, Hemant Taneja of General Catalyst, Thomas Tull of Tulco LLC, and Sunita Williams of NASA. Anand Mahindra, Chairman of Mahindra Group, Mukesh Ambani, Chairman and Managing Director of Reliance Industries, Nikhil Kamath, Co-Founder of Zerodha and True Beacon; and Vrinda Kapoor, Co-Founder of 3rdiTech, comprised the Indian delegation.
The India-US Hi-Tech Handshake event represents the expanding collaboration and shared vision in the technology field between the two countries. It lays the groundwork for continued cooperation and the exchange of knowledge to foster innovation and address global challenges.