PM delivers keynote address at IIT-2020 Global Summit

Published By : Admin | December 4, 2020 | 21:51 IST
QuoteOur aim is to ensure that our youngsters get an international platform to showcase their skills: PM
QuoteThe world sees India as a trustworthy and promising partner: PM Modi
QuoteCollective force of the Pan-IIT movement can add momentum to Aatmanirbhar Bharat: PM
QuotePost Covid-19 order will be about re-learning, re-thinking, re-innovating & re-inventing: PM

Prime Minister Shri Narendra Modi delivered the keynote address at the IIT-2020 Global Summit, organised by PanIIT USA, today through a video conference.

The Prime Minister said that the Government is fully committed to the principle of "Reform, Perform, Transform". He stressed that there is no sector left out from the ambit of reforms. He listed many path-breaking reforms brought in by the Government in various sectors such as assimilating 44 Union labour laws into just 4 codes, having one of the lowest corporate tax rate in the world, Production Linked Incentive Scheme in ten key sectors to enhance exports as well as manufacturing. He highlighted that even in these testing times of COVID-19, India has got record investment and much of this investment has come in the tech sector.

He said our actions today will shape our planet's tomorrow. He stressed that the post Covid-19 order will be about: Re-learning, re-thinking, re-innovating and re-inventing. This, along with a series of economic reforms in almost every field is what will re-energise our planet. He said this will ensure 'Ease of Living' and positively impact the poor as well as marginalised. He said several innovations came out during the pandemic emerged from collaboration between the industry and academia. He said the world today needs viable solutions to adjust to the new normal.

The Prime minister said, the collective force of the PanIIT movement can add momentum to the dream of becoming an Aatmnirbhar Bharat or self-reliant India. He called the Diaspora, India’s Brand Ambassadors whose  voice was critical in ensuring that the world understood India's view-points in the right spirit.

Talking about the 75th Anniversary of India's Independence in 2022, Shri Modi urged  the PanIIT movement to set an even higher benchmark on "Giving back to India.'' He asked them to share their ideas and inputs on how we can mark 75 years of freedom. “You could share your views MyGov. Or, you can share it directly with me on the Narendra Modi App” he added.

The Prime Minister said a culture of hackathons is developing in India in recent times and in these hackathons, young minds are giving out-standing solutions to national and global problems. He added that the Government is working with many countries in South East Asia and Europe to  ensure  that our youngsters get an international platform to showcase their skills and learn from best  practices globally. He said India hosted the Vaibhav Summit which brought together top-quality talent in the fields of science and innovation. He added that this summit set the tone for future collaborations in science and innovation.

The Prime Minister said India is witnessing a sea change in the way it works. He said earlier, when IITs produced aero-space engineers, there was not a strong domestic industrial ecosystem to employ them. Today, with the historic reforms in the Space sector, the last frontier before humanity has opened up to Indian talent. That's why new space tech startups are coming up every day in India. He expressed confidence that some of those in the audience would boldly go where none have gone before. Cutting edge and innovative work is happening across many sectors in India.

Today, a large number of IIT alumni are in global leadership positions spread across industry, academia, arts, governments. Therefore he urged the alumni to debate, discuss and contribute to solutions in the emerging New World Tech Order.

Click here to read PM's speech

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The World This Week On India
February 25, 2025

This week, India reinforced its position as a formidable force on the world stage, making headway in artificial intelligence, energy security, space exploration, and defence. From shaping global AI ethics to securing strategic partnerships, every move reflects India's growing influence in global affairs.

And when it comes to diplomacy and negotiation, even world leaders acknowledge India's strength. Former U.S. President Donald Trump, known for his tough negotiating style, put it simply:

“[Narendra Modi] is a much tougher negotiator than me, and he is a much better negotiator than me. There’s not even a contest.”

With India actively shaping global conversations, let’s take a look at some of the biggest developments this week.

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AI for All: India and France Lead a Global Movement

The future of AI isn’t just about technology—it’s about ethics and inclusivity. India and France co-hosted the Summit for Action on AI in Paris, where 60 countries backed a declaration calling for AI that is "open," "inclusive," and "ethical." As artificial intelligence becomes a geopolitical battleground, India is endorsing a balanced approach—one that ensures technological progress without compromising human values.

A Nuclear Future: India and France Strengthen Energy Security

In a world increasingly focused on clean energy, India is stepping up its nuclear power game. Prime Minister Narendra Modi and French President Emmanuel Macron affirmed their commitment to developing small modular nuclear reactors (SMRs), a paradigm shift in the transition to a low-carbon economy. With energy security at the heart of India’s strategy, this collaboration is a step toward long-term sustainability.

Gaganyaan: India’s Space Dream Inches Closer

India’s ambitions to send astronauts into space took a major leap forward as the budget for the Gaganyaan mission was raised to $2.32 billion. This is more than just a scientific milestone—it’s about proving that India is ready to stand alongside the world’s leading space powers. A successful human spaceflight will set the stage for future interplanetary missions, pushing India's space program to new frontiers.

India’s Semiconductor Push: Lam Research Bets Big

The semiconductor industry is the backbone of modern technology, and India wants a bigger share of the pie. US chip toolmaker Lam Research announced a $1 billion investment in India, signalling confidence in the country’s potential to become a global chip manufacturing hub. As major companies seek alternatives to traditional semiconductor strongholds like Taiwan, India is positioning itself as a serious contender in the global supply chain.

Defence Partnerships: A New Era in US-India Military Ties

The US and India are expanding their defence cooperation, with discussions of a future F-35 fighter jet deal on the horizon. The latest agreements also include increased US military sales to India, strengthening the strategic partnership between the two nations. Meanwhile, India is also deepening its energy cooperation with the US, securing new oil and gas import agreements that reinforce economic and security ties.

Energy Security: India Locks in LNG Supply from the UAE

With global energy markets facing volatility, India is taking steps to secure long-term energy stability. New multi-billion-dollar LNG agreements with ADNOC will provide India with a steady and reliable supply of natural gas, reducing its exposure to price fluctuations. As India moves toward a cleaner energy future, such partnerships are critical to maintaining energy security while keeping costs in check.

UAE Visa Waiver: A Boon for Indian Travelers

For Indians residing in Singapore, Japan, South Korea, Australia, New Zealand, and Canada, visiting the UAE just became a lot simpler. A new visa waiver, effective February 13, will save Dh750 per person and eliminate lengthy approval processes. This move makes travel to the UAE more accessible and strengthens business and cultural ties between the two countries.

A Gift of Friendship: Trump’s Gesture to Modi

During his visit to India, Donald Trump presented Prime Minister Modi with a personalized book chronicling their long-standing friendship. Beyond the usual diplomatic formalities, this exchange reflects the personal bonds that sometimes shape international relations as much as policies do.

Memory League Champion: India’s New Star of Mental Speed

India is making its mark in unexpected ways, too. Vishvaa Rajakumar, a 20-year-old Indian college student, stunned the world by memorizing 80 random numbers in just 13.5 seconds, winning the Memory League World Championship. His incredible feat underscores India’s growing reputation for mental agility and cognitive

excellence on the global stage.

India isn’t just participating in global affairs—it’s shaping them. Whether it’s setting ethical AI standards, securing energy independence, leading in space exploration, or expanding defence partnerships, the country is making bold, strategic moves that solidify its role as a global leader.

As the world takes note of India’s rise, one thing is clear: this journey is just getting started.