PM MODI MEETS TOP US TECH LEADERS AMID SEMICONDUCTOR PUSH

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Prime Minister Narendra Modi has urged top tech companies in the US to explore India as a destination for manufacturing and innovation.

He met CEOs of tech companies in New York a day after attending the annual meeting of Quad countries, which also includes the US, Australia and Japan.

India has been positioning itself as an alternative to China to attract global firms looking at diversifying their supply chains.

The country has been particularly focusing on manufacturing of semiconductors in the past few years but it still lags far behind major suppliers like China and Taiwan.

Modi’s meeting with the tech leaders on Monday was attended by 15 top CEOs, including Google’s Sundar Pichai, Adobe’s Shantanu Narayen, IBM’s Arvind Krishna and NVIDIA’s Jensen Huang.

Addressing the gathering, Modi said, “they can co-develop, co-design, and co-produce in India for the world”.

India’s foreign ministry said in a statement that the roundtable meeting touched upon technology’s use in innovations, “which have the potential to revolutionise the global economy and human development”.

Modi also addressed a rally of Indian-Americans whom he called “brand ambassadors” of the country and told the crowd of 15,000 in New York that India was key to “global development, global peace, global climate action, global innovations, global supply chains”.

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