By Jaydeep Saha, Contributing Writer, HCL Technologies Ltd.
Technology was one of the main topics of discussion at the Quad Leaders’ Summit at Kantei Palace in Tokyo when Prime Minister Narendra Modi met US President Joe Biden for bilateral talks on Tuesday.
Apart from the global concerns, especially Ukraine, Taiwan, and the Indo-Pacific region, the leaders, including Australian PM Anthony Albanese and his Japanese counterpart and host Fumio Kishida, engaged in talks to secure the future of the nations.
As Modi met Biden on the sidelines of the Tokyo summit, the two leaders announced a technology cooperation initiative, which includes investments with the US International Development Finance Corporation (DFC).
Eyes set on iCET
Both sides launched the India-US Initiative on Critical and Emerging Technologies (iCET) to facilitate outcome-oriented cooperation. Co-led by the National Security Council Secretariat in India and the US National Security Council, iCET will forge a closer link between government, academia, and industry of the two countries in areas such as AI, quantum computing, 5G/6G, biotech, space, and semiconductors.
“The US and India committed to expanding cooperation in new defense domains, including through space, cyber, and launching a dialogue on AI this year,” read a statement issued by the External Affairs Ministry after the talks.
“I am sure that with the India-USA Investment Incentive Agreement between us, we will see concrete progress in the direction of investment,” Modi said at the beginning of the meeting.
The US, in its readout, also said that it would join six of India’s technology innovation hubs to support at least 25 joint research project this year in areas, including, AI, data, health, climate, and agriculture, according to The Hindu.
To expand investment support in India for SMEs, healthcare, renewable energy, and infrastructure, the two nations also signed an agreement that involves the US development agency DFC.
Closest trustworthy partnership
While Modi called the India-US bonding, a “partnership of trust” just before the bilateral meeting, POTUS said he would work for the India-US relationship to be “among the closest” in the world.
“Mr. Prime Minister, there’s so much that our countries can and will do together, and I am committed to making the US-India partnership among the closest we have on Earth,” said Biden.
This was the second bilateral meeting in a little over a month, with the two leaders having met virtually on April 11 before the India-US 2+2 Defense and Foreign Ministries dialogue.
Tech innovation at HCL Technologies focuses on key to the future
During the World Economic Forum this week, Kalyan Kumar, CTO and Head of Ecosystems at HCL Technologies, discussed the importance and role of 5G and quantum computing.
He explained that distributed cloud is pushing cloud services to the edge, where the processing of the distributed data happens. This is only possible through a highly efficient, high bandwidth, low latency connectivity that is built around 5G.
In an interview at Davos, Kumar said: “The [promise of] edge will only happen when 5G happens at scale, because you need to process data at very low latency in a distributed capability. In this scenario, the capability of the network is crucial, which is why there is a big push toward fiber broadband at home and on-premises.”
He added: “This trend [of quantum computers solving problems at almost-unimaginable speeds, while consuming significantly less energy than traditional computers] will fundamentally shape the future of human existence,” said Kumar.
He added that: “Quantum computing is going to create completely new possibilities and change the way we live and understand the world.”