PM Modi invites global investors in Indian talent and market
Prime Minister Narendra Modi said India and France have been working closely on a wide range of subjects including technology and digital which are emerging areas of cooperation.
Delivering keynote address on 16 June 2021 via video conference as the Guest of Honour at the 5th edition of VivaTech, he said, “It is the need of the hour that such cooperation continues to grow further. It will not only help our nations but also the world at large.”
Modi highlighted that Indian group Infosys which is providing tech support for the French Open tournament and listed collaborations involving French companies like Atos, Capgemini and India’s TCS as well as Wipro. These are examples of IT talent of the two countries serving companies and citizens all over the world.
The prime Minister said that India is home to one of the world’s largest start-up eco systems. Several unicorns have come up in the recent years. India offers what innovators and investors need.
He invited the world to invest in India based on the five pillars of: Talent, Market, Capital, Eco-system and Culture of openness. He listed strengths like, Indian talent pool, mobile phone penetration and highest and cheap data consumption in the world as well as the highest use of social media.
The Prime Minister also enumerated initiatives like state-of-the-art public digital infrastructure, 523,000 kilometres of fibre optic network linking 156,000 village councils and public wi-fi networks across the country.
Further, Modi elaborated on efforts to nurture a culture of innovation. There are state-of-the-art innovation labs in 7,500 schools under the Atal Innovation Mission, the Prime Minister informed.
“The start-up space is dominated by youngsters. These are people free from the baggage of the past. They are best placed to power global transformation. Our start-ups must explore areas such as Healthcare as well as eco-friendly technology including waste recycling, agriculture and new age tools of learning,” said the Prime Minister.
Modi underlined that France and Europe are among India’s key partners.
Referring to his conversations with President Emmanuel Macron at the summit with EU leaders in Porto in May, The Prime Minister said that digital partnership, from start-ups to quantum computing, has emerged as a key priority.
“History has shown that leadership in new technology drives economic strength, jobs and prosperity. But, our partnerships must also serve a larger purpose, in service of humanity. This COVID-19 pandemic is not only a test of our resilience, but also of our imagination. It is a chance to build a more inclusive, caring and sustainable future for all,” said the Prime Minister. #technology #startup #investment #talent /fiinews.com
