India Must Lead in Critical and Emerging Technologies: PM Modi
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๐ Summary:
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PM Modi addressed the Global Technology Summit emphasizing India's ambition to lead in critical and emerging technologies (CETs) including semiconductors, AI, quantum computing, and advanced materials
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India has identified 23 Critical and Emerging Technologies under the iCET (Initiative on Critical and Emerging Technologies) framework with the US
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The government has launched dedicated missions: National Quantum Mission (โน6,003 crore), National AI Mission (IndiaAI), and Semiconductor Mission with โน76,000 crore incentive package
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PM stressed indigenization: India should not be a technology consumer but a technology creator, reducing import dependence in critical sectors
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India's R&D spending at ~0.7% of GDP is significantly below the global average of 1.8%; the speech called for tripling this figure through public-private partnerships
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Emphasis on deep-tech startups: India now has 3,500+ deep-tech startups; the government announced a โน1,000 crore Deep Tech Fund of Funds
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iCET partnerships with US, Australia, Japan (Quad framework) flagged as key enablers for technology transfer and co-production
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Critical technology leadership directly linked to national security: semiconductors for defence electronics, quantum for cybersecurity, AI for border surveillance
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Call for universities and research institutions to partner with industry to build an innovation ecosystem that matches China and USA
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