India’s Offerings to Partner with the U.S., Says Invest India CEO Nivruti Rai

New Delhi [India], April 11 (ANI):
Nivruti Rai
, Chief Executive Officer & MD of
Invest India
, underscored India’s increasing significance within the worldwide tech landscape and stressed the country’s willingness to collaborate with the US on projects aimed at benefiting all of humanity, during the
Carnegie Global Tech Summit
In New Delhi, on Friday.

Rai stated, “Given that India produces around 5 million software and engineering graduates annually, it holds significant potential for collaboration with the United States. Together, we could develop a shared vision focused on global welfare, pooling our talents from different continents, and safeguarding human interests through future generations.”

Rai highlighted the essential part played by computational infrastructure in our current era of innovation, recounting a story from her past involvement in the technology sector.

“Computing has become extremely crucial, and we’ve all witnessed this firsthand. However, from what I remember at my former company, a USD 100,000 machine remained idle due to the absence of a small USD 1 microcontroller,” she recounted, highlighting the importance and occasional delicacy of the supply chain.

She further highlighted India’s competitive edge in AI and data infrastructure, stating, “Similarly, if you’re talking AI, you need the GPU, you need the compute. And just to tell you, because I’m from inside of the company, I can tell you, for an average GPU, one GPU to run for one hour, India is one-third of the world because of the government support and subsidizing.”

At present, India accounts for just 2-3 percent of the globe’s data centers even though it handles 20 percent of worldwide data. She emphasized, “To develop data centers, we must consider the potential in India. Currently, the country possesses between 2 to 3 percent of the world’s data centers but manages 20 percent of the data.”

She stated, “Regarding investments, let me clarify that I am an investor here. Over the past two years, and with my personal investment, 30 percent of our total investments are focused on the energy sector, which is essential for any technological advancement.” (ANI)