World Bank President Ajay Banga Highlights PM Modi's US Relationship Strategy
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On Wed, 25 Sept, 8:05 AM UTC
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Building strong relationship with US has been PM Modi's strategy since taking office: World Bank President Ajay Banga
Speaking to ANI on the sidelines of the 79th United Nations General Assembly, Banga said the Prime Minister meeting with the CEOs was an effort to ensure that India remains a strong partner in possible manufacturing opportunities, including semiconductors. "The Prime Minister has been building a very strong relationship with the US, both, bilaterally and through the Quad. That has been his strategy since the day he became Prime Minister. Continuing with that, he is trying to ensure there is long-term engagement on strategic and economic issues," Ajay Banga said. "His meeting with the CEOs is an effort to make sure that India remains a strong partner in possible manufacturing opportunities and in this case he was talking about semiconductors," he added. Prime Minister Modi concluded his three-day visit to the United States on Tuesday. During his visit, PM Modi attended the sixth Quad Leaders' Summit. US President Joe Biden hosted PM Modi along with Prime Minister Anthony Albanese of Australia and Prime Minister Kishida Fumio of Japan. He interacted with the Indian diaspora in New York at the 'Modi and US' event, and also addressed the 'Summit of the Future' at the United Nations General Assembly. The Prime Minister Modi also interacted with the top tech leaders and CEOs of the US in a roundtable hosted by the Massachusetts Institute of Technology (MIT) School of Engineering in New York on Sunday. PM Modi assured US business leaders of India's deep commitment to the protection of intellectual property and to fostering tech innovation during his engagement with the top CEOs from the technology industry at a roundtable in New York. The roundtable hosted by PM Modi comprised several prominent figures from leading companies, including, Chairman President and CEO of Adobe Shantanu Narayen, Google CEO Sundar Pichai, IBM COE Arvind Krishna, Lisa Su, CEO of AMD, and Jensen Huang of NVIDIA, among others. During the meeting on the second day of his US visit, the Prime Minister discussed ways to foster greater collaboration between the US and India when it comes to the cutting-edge areas of artificial intelligence, quantum computing, semiconductors, and biotechnology. As per an official statement by the Prime Minister's Office, the discussions revolved around the global technology landscape and the impact of innovations on human development and the world economy. The CEOs shared insights into how their companies are leveraging technology for innovation and expressed keen interest in collaborating with India. PM Modi also emphasised the importance of initiatives such as the India-US Initiative on Critical and Emerging Technologies (iCET) as central to the India-US Comprehensive Global Strategic Partnership.He highlighted that technology cooperation between India and the United States could drive mutual benefits and growth. (ANI)
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Building strong relationship with US has been PM Modi's strategy since taking office: World Bank President Ajay Banga
World Bank President Ajay Banga praised Prime Minister Narendra Modi for prioritizing strong US-India relations, both bilaterally and through the Quad. During his US visit, Modi engaged with top tech CEOs to discuss manufacturing opportunities, including semiconductors, and emphasized India's commitment to intellectual property protection and tech innovation.World Bank President Ajay Banga heaped praise on Prime Minister Narendra Modi for prioritising on building a strong relationship with the United States both bilaterally and also through the Quad security grouping, adding that it has been his strategy ever since he took office. Speaking to on the sidelines of the 79th United Nations General Assembly, Banga said the Prime Minister meeting with the CEOs was an effort to ensure that India remains a strong partner in possible manufacturing opportunities, including semiconductors. "The Prime Minister has been building a very strong relationship with the US, both, bilaterally and through the Quad. That has been his strategy since the day he became Prime Minister. Continuing with that, he is trying to ensure there is long-term engagement on strategic and economic issues," Ajay Banga said. "His meeting with the CEOs is an effort to make sure that India remains a strong partner in possible manufacturing opportunities and in this case he was talking about semiconductors," he added. Prime Minister Modi concluded his three-day visit to the United States on Tuesday. During his visit, PM Modi attended the sixth Quad Leaders' Summit. US President Joe Biden hosted PM Modi along with Prime Minister Anthony Albanese of Australia and Prime Minister Kishida Fumio of Japan. He interacted with the Indian diaspora in New York at the 'Modi and US' event, and also addressed the 'Summit of the Future' at the United Nations General Assembly. The Prime Minister Modi also interacted with the top tech leaders and CEOs of the US in a roundtable hosted by the Massachusetts Institute of Technology (MIT) School of Engineering in New York on Sunday. PM Modi assured US business leaders of India's deep commitment to the protection of intellectual property and to fostering tech innovation during his engagement with the top CEOs from the technology industry at a roundtable in New York. The roundtable hosted by PM Modi comprised several prominent figures from leading companies, including, Chairman President and CEO of Adobe Shantanu Narayen, Google CEO Sundar Pichai, IBM COE Arvind Krishna, Lisa Su, CEO of AMD, and Jensen Huang of NVIDIA, among others. During the meeting on the second day of his US visit, the Prime Minister discussed ways to foster greater collaboration between the US and India when it comes to the cutting-edge areas of artificial intelligence, quantum computing, semiconductors, and biotechnology. As per an official statement by the Prime Minister's Office, the discussions revolved around the global technology landscape and the impact of innovations on human development and the world economy. The CEOs shared insights into how their companies are leveraging technology for innovation and expressed keen interest in collaborating with India. PM Modi also emphasised the importance of initiatives such as the India-US Initiative on Critical and Emerging Technologies (iCET) as central to the India-US Comprehensive Global Strategic Partnership.He highlighted that technology cooperation between India and the United States could drive mutual benefits and growth.
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World Bank President Ajay Banga praises Prime Minister Narendra Modi's consistent efforts to strengthen India-US relations since taking office. Banga emphasizes the importance of this relationship for both countries.
Modi's Long-term Strategy for US-India Relations
World Bank President Ajay Banga has shed light on Prime Minister Narendra Modi's consistent approach to building a strong relationship with the United States since assuming office. Speaking at the 'India-US Ties in Turbulent Times' event organized by the Atlantic Council think tank, Banga emphasized that this strategy has been a cornerstone of Modi's foreign policy 1.
Banga's Insights on Modi's Approach
Ajay Banga, who recently took over as the President of the World Bank, shared his observations on Modi's diplomatic efforts. He stated, "I think it's been his (Modi's) strategy from the day he took office and I don't think it's changed at all" 2. This comment underscores the consistency and long-term vision in Modi's approach to US-India relations.
The Importance of US-India Ties
Banga highlighted the significance of the relationship between the two countries, describing it as "very important to both sides." He emphasized that this importance extends beyond mere rhetoric, suggesting that both nations recognize the strategic value of their partnership 1.
Modi's Recent US Visit
The World Bank President's comments come in the wake of Prime Minister Modi's recent state visit to the United States. During this high-profile visit, Modi engaged in talks with President Joe Biden and addressed a joint session of the US Congress, further cementing the ties between the two nations 2.
Banga's Perspective on Global Challenges
In his address, Banga also touched upon broader global issues. He expressed concern about the world becoming more fragmented, with challenges such as the COVID-19 pandemic, climate change, and food insecurity affecting various regions differently. Banga stressed the need for collaborative efforts to address these global challenges effectively 1.
The Role of India in Global Affairs
Banga's comments also indirectly highlight India's growing importance on the world stage. By consistently prioritizing and strengthening its relationship with the United States, India under Modi's leadership has been positioning itself as a key player in global affairs. This strategy aligns with India's aspirations for a more prominent role in international diplomacy and economic partnerships 2.
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