San Francisco: Union Minister Piyush Goyal interacted with Silicon Valley entrepreneurs and venture capitalists (VCs) of Indian origin on the third day of his US visit.
He is presently in San Francisco to participate in the ministerial meeting of the Indo-Pacific Economic Framework (IPEF), where agreements are being discussed related to topics like supply chain resilience.
During his interaction, the minister encouraged the participants to share ideas to make India more attractive to investors from around the world.
Had an engaging interaction with Silicon Valley Entrepreneurs Venture Capitalists.
Highlighted how Indias young talent, vibrant business ecosystem growing economy presents the perfect opportunity for investments.
?Menlo Park, California ?? pic.twitter.com/mXAbJwE0mH
Piyush Goyal (@PiyushGoyal) November 15, 2023
Goyal also shared his vision for the Indian startup ecosystem and urged the entrepreneurs and VCs present to contribute and help Indias young talent working in critical and emerging technological areas such as Artificial Intelligence.
Following the interaction, he wrote on X (formally twitter), Had an engaging interaction with Silicon Valley Entrepreneurs Venture Capitalists. Highlighted how Indias young talent, vibrant business ecosystem growing economy present the perfect opportunity for investments.
After the interaction, he participated in a roundtable discussion with prominent academicians at Stanford University, where members of various universities, including Stanford, UC Berkeley, Fresno State, UC Santa Cruz, UC Davis, and the University of Silicon Andhra, deliberated on various relevant global issues.
Held a roundtable discussion with prominent academicians at Stanford University.
Highlighted the vast opportunities for collaboration with Indias higher education institutions to foster a vibrant exchange of knowledge, research and pathbreaking solutions to key global issues. pic.twitter.com/4YMmav54o7
Piyush Goyal (@PiyushGoyal) November 15, 2023
The roundtable saw an active exchange of ideas on how India can collaborate and set up joint campuses with foreign universities, and institutions like Stanford.
On the third day of his visit to the United States, the Union Minister for Commerce and Industry also held one-to-one meetings with Sanjay Mehrotra, CEO of Micron Technology and Neil Mohan, CEO of YouTube Inc.
The Minister discussed the prospects of these companies with respect to their India presence and offered his support in their expansion to Indian markets.
Detailing his discussions with the two CEOs, the ministry said: In his discussion with Micron, Goyal highlighted how Indias growing semiconductor ecosystem presents vast opportunities for companies to collaborate expand their businesses.
While discussing with Neil Mohan, he emphasised on how Indias potential lies in its thriving digital ecosystem, growing content space, and young diverse demography.
Delighted to meet Mr. @NealMohan, CEO of YouTube.
We discussed how India presents a huge opportunity for @YouTube to further expand collaboration footprint in the country with its:
? Thriving digital ecosystem
? Growing content space
??Young diverse demography pic.twitter.com/ErEoxeQPQU
Piyush Goyal (@PiyushGoyal) November 16, 2023
As part of these bilateral meetings, the minister discussed prospects of these companies with respect to their India presence and offered his support in their expansion to Indian markets, it said.
Later, Goyal also wrote in a social media post, We discussed how India presents a huge opportunity for YouTube to further expand collaboration and footprint in the country.
He also wrote about his meeting with Mehrotra on X. Met Mr Sanjay Mehrotra, CEO President of Micron Tech. Discussed how Indias growing semiconductor ecosystem presents vast opportunities for the company to collaborate expand its footprint in the country, the post read.
Met Mr. Sanjay Mehrotra, CEO President of @MicronTech.
Discussed how Indias growing semiconductor ecosystem presents vast opportunities for the company to collaborate expand its footprint in the country. pic.twitter.com/YVxiXd2zkz
Piyush Goyal (@PiyushGoyal) November 16, 2023
Earlier this year, Prime Minister Narendra Modi met Mehrotra in Gandhinagar, Gujarat, where they deliberated on Micron Techs initiatives to enhance Indias semiconductor manufacturing ecosystem.
This meeting took place a month after the US chipmakers announcement of a $825 million investment to establish a plant in Gujarat.
