Prime Minister Narendra Modi has reiterated that this was a great time for international businesses to invest in India. He made this observation during his Monday interaction with Arvind Krishna, CEO of the global computer solutions provider, IBM, via video conferencing.
The prime minister also highlighted why this was a great time to invest in India. He said that the country was welcoming and supporting investments taking place in the technology sector. He noted that while the world was witnessing a slowdown, FDI inflow in India had increased. He said that the country was moving forward with the vision of a self-sufficient India so that a globally competent and disruption resilient local supply chain could be developed.
Congratulating Krishna for becoming the head of IBM earlier this year, Prime Minister Modi mentioned the strong connection of IBM with India and its huge presence in the country, with over 100,000 people working across 20 cities in the company.
Talking about the impact of COVID-19 on business culture, the prime minister said that work from home was being adopted in a big way and the government is constantly working towards providing infrastructure, connectivity and regulatory environment to ensure a smooth shift. He also discussed the technologies associated and challenges involved in the recent decision of IBM to make 75 per cent of its employees to work from home.
The prime minister appreciated the role played by IBM, in association with the Central Board of Secondary Education (CBSE), towards the launch of the artificial intelligence (AI) curriculum in 200 schools in India. He said that the government was working towards introducing students to concepts such as AI and machine learning from an early stage.
The IBM CEO said that teaching about technology and data should be in the category of basic skills like algebra, need to be taught with passion and must be introduced early.
The IBM CEO briefed Prime Minister Modi about the company’s huge investment plans for India. He also expressed confidence in the vision of Aatmanirbhar Bharat .
The prime minister spoke about the efforts of the government in the last six years to promote wellness and ensure that the best quality healthcare was within the reach of the people. He explored the possibilities of creating India specific AI-based tools in the healthcare sector and the development of better models for disease prediction and analysis. He underlined that the country was moving towards the development of an integrated, tech and data-driven healthcare system that was affordable and hassle-free for the people. He noted that IBM could play an important role in taking forward the healthcare vision.
The IBM CEO appreciated Prime Minister’s vision for Ayushman Bharat and talked about using technology for the early identification of diseases.
Other areas of discussion included the issues of data security, cyberattacks, concerns around privacy, and the health benefits of yoga.