Modi Urges US CEOs to Leverage India's Economic Growth

Prime Minister Narendra Modi encouraged CEOs of major US tech firms to capitalize on India's economic growth. He emphasized India's ambition to become the third-largest economy and highlighted opportunities for collaboration in innovation and technology. The meeting featured top executives and saw discussions on technology, biotechnology, and investment prospects.

Prime Minister Narendra Modi has called upon CEOs of leading US technology firms to capitalize on India's surging economic growth, aiming to position the nation as the third-largest economy in his third term.

India, currently the fifth-largest global economy with a GDP of approximately USD 3.9 trillion, has seen impressive growth, sustaining a GDP growth rate of over 7% for three consecutive years. During a roundtable discussion in New York, Modi emphasized the opportunity for collaboration in innovation and manufacturing, particularly in sectors like electronics, information technology, and semiconductors.

The meeting, organized by the MIT School of Engineering, brought together top executives from major firms, including Google, Adobe, and NVIDIA. Modi underscored India's commitment to intellectual property protection and fostering technological advancements, aiming to make India a global semiconductor manufacturing hub. The CEOs expressed strong interest in investing in startups and leveraging India's innovation-friendly policies and growing market opportunities.

(With inputs from agencies.)