India's Modi Hails US Tech Partnership With During State Visit
· 23.06.2023 · 22:15:01 ··· ··· Friday ·· 5 (5)
Bloomberg Quicktake: Now US President Joe Biden and Indian Prime Minister Narendra Modi met with some of the most powerful executives in Silicon Valley at the White House on Friday, as the two leaders sought to boost economic cooperation on artificial intelligence and advanced manufacturing.
The gathering in the East Room of the White House included Alphabet Inc. Chief Executive Officer Sundar Pichai, Microsoft Corp. Chief Executive Officer Satya Nadella, and Apple Inc. Chief Executive Officer Tim Cook — who is assembling more units of his company’s iPhone on the subcontinent as part of a shift from manufacturing in China. Cook was seated next to Modi in the meeting.
The Biden administration is increasingly courting India as a key ballast against China, particularly amid Covid-19-related supply chain disruptions, intellectual property theft, and concerns that Beijing may push forward with efforts to reunify with tech and semiconductor hub Taiwan. India is also eager to become a key partner on critical technologies, with Modi announcing this week he was working to remove regulatory constraints, particularly for tech companies, in a bid to make it easier for US firms to invest there.
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