iNDICA NEWS BUREAU-
This is a great time to invest in India and the country is welcoming investments in the tech sector, Prime Minister Narendra Modi told IBM CEO Arvind Krishna on Monday.
In a virtual interaction with Krishna, the prime minister noted that while the world is witnessing a slowdown, FDI inflow in India is increasing.
Modi said the country is moving forward with the vision of a self-sufficient India so that a globally competent and disruption resilient local supply chain can be developed, according to a statement from the Prime Minister’s Office.
Talking about the impact of COVID on business culture, Modi said that ‘work from home’ is being adopted in a big way and the government is constantly working towards providing infrastructure, connectivity and regulatory environment to ensure that this technological shift is smooth.
He also discussed the technologies associated and challenges involved in the recent decision of IBM to make 75% of its employees to work from home.
Apart from that, the prime minister appreciated the role played by IBM, in association with CBSE, towards the launch of AI curriculum in 200 schools in India. He said that the government is working towards introducing students to concepts such as AI, machine learning etc at an early stage, to further the tech temperament in the country.
IBM CEO said that teaching about technology and data should be in the category of basic skills like algebra, needs to be taught with passion and should be introduced early.
In the course of interaction, Modi explored the possibilities of creating India-specific artificial intelligence (AI)-based tools in the healthcare sector and the development of better models for disease prediction and analysis.
He underlined that the country is moving towards developing an integrated, tech and data-driven healthcare system which is affordable and hassle-free for the people. Modi noted that IBM can play an important role in taking forward the healthcare vision.
Krishna appreciated the prime minister’s vision for Ayushman Bharat (the all-India healthcare scheme) and talked about using technology for the early identification of diseases.
Apart from that, Arvind Krishna also briefed Modi IBM’s investment plans in India and also expressed confidence in the vision of Aatmanirbhar Bharat to which Modi added that the country is welcoming and supporting investments taking place in the tech sector.
Modi also noted that while the world is witnessing a slowdown, FDI inflow in India is increasing, according to an official press release.
Other areas of discussion included the issues of data security, cyber-attacks, concerns around privacy, and health benefits of Yoga.