By Nishant Arora
New Delhi: The tech sector partnership between India and the US, announced last week during Prime Minister Narendra Modi’s historic state visit, will turbocharge tech ecosystems in both the countries, accelerating the pace of innovation in critical emerging technologies for mutual and global benefit, says Rajeev Chandrasekhar, Union Minister of State for Electronics and IT.
The Minister said the tech sector partnership — starting with an MoU in the critical and emerging technologies — is tectonic and historical.
“This cooperation and partnership between India and US will certainly shape the future of tech in general and, in particular, the emerging technologies of OpenRAN wireless networks, semiconductors, high-performance computing, artificial intelligence and quantum,” said Chandrasekhar.
During the visit, US President Joe Biden and Prime Minister Modi hailed the inauguration of the Initiative on Critical and Emerging Technology (iCET) in January 2023 as a major milestone in US-India relations, calling on governments, businesses, and academic institutions to realize their shared vision for the strategic technology partnership.
According to Chandrasekhar, the critical emerging technologies will shape the future of technology and economies in very deep and tectonic ways and will certainly impact lives of consumers and enterprises all over the world.
“The technology and innovation ecosystem has really come a long way in the last 9 years and today, there is no space of tech and emerging tech that India and Indian enterprises are not present in. PM Modi’s ‘Digital India’ vision, way back in 2015, was prescient and he foresaw the deep impact of technology on peoples’ lives and opportunities for our youth,” the Minister told IANS.
Rapid digitalization, demographics and changing global supply chains are the three trends that represent a big unprecedented opportunity for India and Indian youth. “We are certainly in the most exciting period in India’s modern history, thanks to the hard work, effort and vision of Prime Minister Narendra Modi,” Chandrasekhar noted. (Courtesy: IANS)