Business For All - October 2015

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Prime Minister, Narender Modi wrapped up the second US visit with a rousing rally for Indians in Silicon valley, his signature act that showcased India as much as it showcased him. He declared that the 21st century belongs to India. The Prime Minister’s manifest interest in innovation and tech entrepreneurship undoubtedly made a positive impact.

Modi not only made the first Prime Ministerial visit to the Silicon Valley but also met CEOs of top cutting-edge tech firms like Adobe, Facebook, Google and Tesla, pitching “Digital India” to a receptive audience where “Start Up India” and “Stand Up India” went down well with the familiar “Make in India”.

His public interaction at Town Hall with Mark Zuckerberg, the announcement that Google will help India set-up free Wi-Fi at 500 railway stations were all impressive. It will enable typing in 10 Indian languages. Microsoft will partner with India to set up broadband technology in five lakh villages. Chipmaker Qualcomm will invest $150 million for Indian start-ups in the mobile and ‘internet of everything’ realm. Modi reportedly invited Apple to set up a manufacturing base in India, and CEO Tim Cook “responded positively”, without giving an indication whether the company would establish operations here.