Monday, May 10, 2021
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After Google, IBM Will Now Invest In India’s Digital Initiative

After Google’s $10 billion (around 75,000 cr.) commitment in India for enhancing digitization, IBM CEO Arvind Krishna met Prime Minister Narendra Modi to brief about the tech giant’s investment plan. For investing in the tech sector, the current scenario is the ideal time, stated Modi, in a press release of the government.

When the whole world is going through a steady situation, FDI inflow in India is increasing rapidly. According to Modi, India is moving towards the journey of the self-contained country, which will enable India to become competitive globally. Besides, it is planning to make an enhanced supply chain that can assist the country in growing its economy.

Also Read: The Largest NLP Model Can Now Generate Code Automatically

As mentioned by the Govt’s Press Information Bureau, IBM CEO specified IBM’s major investment plans in India and conveyed his conviction to the idea of ‘Atmanirbhar Bharat’. In the conversation, Modi also showed his concern about the negative influence of COVID-19 pandemic on business continuity. However, he revealed that ‘work from home’ is getting adopted and appreciated all over the country. To assist in making a streamline transition into the new normal of work from home culture, the government is aiming at the smooth infrastructure, connectivity, and administrative culture. 

Modi discussed about the technologies that can play a crucial role in democratizing work from home and the risk involved in the decision taken by IBM that will allow 75% of its employees to work from home post-COVID-19.

The Indian Prime Minister also discussed the future abilities to produce India specific AI-based tools for the welfare of the healthcare sector. In addition, he explored the possibilities of developing better equipment or models to predict diseases. In the future, IBM may play a vital role in accelerating India’s digital initiative developing and offering numerous tech-based services. Data security, cyber attacks, and privacy concerns and benefits of yoga were also the topic of their conversation.

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