CEO Roundtable in US: Prime Minister Narendra Modi Stresses on the Need for a Balance Between Technology and Democracy

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New York: Keeping his engagement with the diaspora and CEOs of leading companies in US, Prime  Minister Narendra Modi stressed that technology collaboration and efforts such as the “Initiative on Critical and Emerging Technology” (ICET) are part of the India-US Comprehensive Global Strategic Partnership and emphasised India’s commitment to inclusive innovations.

Addressing the CEO roundtable here, Modi said that India has moved forward with the mantra of “reform, perform and transform” and emphasised the need for a balance between technology and democracy.

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“Initiative on Critical and Emerging Technology- ICET, is our commitment to inclusive innovations. Over the past decade, Bharat has moved forward with the mantra of ‘Reform, Perform and Transform’. Based on our experiences, we believe that the more we build on this mantra, the faster we’ll progress. When the world’s largest democracy grows rapidly, it also assures global peace and prosperity. Technology is an important pillar of India’s journey towards developed India. Therefore, today we have created unprecedented possibilities for technological collaboration and investment in India,” Modi said.

“The 21st century is technology driven. There is hardly any sector which is not driven by technology. However, in such a time it becomes even more crucial for us to balance out the use of technology and our democratic values, as it gives a guarantee to human welfare. Technology without democracy creates an environment for crisis. India is a country which has talent, democracy and market,” he said.

“India is one of the first countries to have worked on AI strategies. To me, AI means ‘America-India’ as I said earlier. That’s the power we want to strengthen. India has democratised the use of technology, thereby bridging the divides. India is focusing on the ethical use of AI,” the Prime Minister said.

“I always see all of you as fellow travelers and co-partners in the development journey of a self-reliant and strong India. I am confident that together, tech companies from India and America will play an important role in solving global challenges,” he said.

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Recalling the ‘Tech Handshake’ program held last year in Washington the PM said, “Last year, when I came to Washington, I participated in the Tech Handshake program and at that time also I got the opportunity to meet some of you, I got the opportunity to meet many of you in India also.”

As a part of his three-day visit to the United States, Prime Minister Modi interacted with industry leaders to discuss the potential and opportunities India has to offer to the world. Among those attended the roundtable hosted by Modi, included.  Chairman President and CEO of Adobe Shantanu Narayen, Google CEO Sundar Pichai, IBM CEO Arvind Krishna, Lisa Su CEO of AMD, and Jensen Huang of NVIDIA.

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Modi also invited the participating companies to explore co-development, co-design, and co-production opportunities in India, pointing to India’s rapid economic and technological transformation.

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