Narendra Modi interacted with technology industry leaders in New York in a Roundtable anchored by the Massachusetts Institute of Technology (MIT), School of Engineering focussing on Artificial Intelligence and Quantum.

"The CEOs participated in a deep dive with Prime Minister on the evolving technology landscape at a global level and how these cutting-edge technologies are contributing to the well-being of people around the world including in India," read a government statement.

They touched upon how technology is being leveraged for innovations, which have the potential to revolutionize the global economy and human development.

Prime Minister Modi appreciated the efforts of the MIT School of Engineering and its Dean for bringing the technology leaders together.

He noted that technology collaboration and efforts such as the Initiative on Critical and Emerging Technologies [ICET] lie at the core of the India-US Comprehensive Global Strategic Partnership.

He stressed that in his third term, India will make every effort to become the third largest economy in the world.

He encouraged the companies to take advantage of India’s growth story for collaboration and innovation.

They can co-develop, co-design, and co-produce in India for the world, harnessing the opportunities from India’s economic and technological growth.

He assured the business leaders of India’s deep commitment to protection of intellectual property and to fostering tech-innovation.

Prime Minister Modi highlighted the economic transformation happening in India, particularly in electronics and information technology manufacturing, semiconductors, biotech and green development.

He stated that his government was committed to making India a global hub of semiconductor manufacturing.

He also dwelt on India’s BIO E3 policy to develop India into a biotech powerhouse. On AI, he noted that India’s policy is to promote AI for All, underpinned by its ethical and responsible use.

The CEOs expressed their strong interest in investing and collaborating with India.

India's growing prominence as a global technology hub, driven by its innovation-friendly policies and flourishing market opportunities, got much appreciation from the tech-leaders.

They also agreed that investing in startups would be a synergistic opportunity to innovate and develop newer technologies in India.