Advertisment

PM Modi’s US state visit creates unmatched opportunities for India's Techade: IAMAI

Opportunities across sectors including defence, space, semiconductors, artificial intelligence, quantum computing, telecommunications etc.

author-image
VoicenData Bureau
New Update
Pm unveils bosch smart campus, stresses the need for innovation and technology

This visit unlocked opportunities across sectors including defence, space, semiconductors, artificial intelligence, quantum computing, telecommunications, and consular services.

Advertisment

The Internet and Mobile Association of India (IAMAI) expressed its gratitude to Prime Minister Narendra Modi for enabling tech collaborations which will create unmatched opportunities for the advancement of India’s Techade and avenues for cooperation, partnerships, and investments.

According to IAMAI, under the leadership of the PM Modi, India’s tech sector has seen significant growth thereby unlocking investment opportunities, proliferating start-ups and job creation.

The proliferation of start-ups and job creation is a crucial aspect of the technology sector's growth and development. Start-ups play a significant role in driving innovation, fostering entrepreneurship, and creating employment opportunities. India has emerged as a global leader in the creation of digital public goods, which will unlock the potential and drive the creation of an inclusive digital economy.

Advertisment

PM had announced in 2021 that this decade would be “India’s Techade”, and in alignment with this commitment, the public and private partnerships orchestrated during the state visit are both historic and tectonic, giving an unmatched fillip to India’s tech progress according to IAMAI.

It added that this visit unlocked opportunities across sectors including defence, space, semiconductors, artificial intelligence, quantum computing, telecommunications, and consular services. These will play a critical role to realise India’s vision of a 1 trillion dollar digital economy.

Based on the announcements made by both Prime Minister of India and the US President, Harsh Jain, Chairman of IAMAI said, “Fostering an open, accessible, safe and secure technology ecosystem will enhance the capability of the entire technology ecosystem of India. It is not only a historic moment for India in terms of attracting huge investments in technology, but also an opportunity to create Indian IP in the areas of emerging technologies which will transform the entire ecosystem . IAMAI members will certainly benefit from greater technology sharing, co-development, and co-production opportunities between industry, government, and academic institutions across India and the United States.”

Advertisment