Active Stocks
Fri Apr 19 2024 15:56:00
  1. Tata Steel share price
  2. 162.10 1.31%
  1. Tata Motors share price
  2. 963.20 -0.84%
  1. NTPC share price
  2. 350.90 -0.14%
  1. ITC share price
  2. 424.80 1.40%
  1. Power Grid Corporation Of India share price
  2. 281.70 0.54%
Business News/ News / India/  Bill Gates lauds PM Modi's vision of Digital India: 'Other countries can certainly benefit...'
BackBack

Bill Gates lauds PM Modi's vision of Digital India: 'Other countries can certainly benefit...'

Microsoft co-founder Bill Gates, who is currently in the country, Thursday said he is bullish on India's future. He said the rate of improvement in a lot of the key areas in the country is very strong.

Lauding Prime Minister Narendra Modi's leadership in introducing digital public infrastructure, Bill Gates said other countries can certainly benefit from the Indian leadershipPremium
Lauding Prime Minister Narendra Modi's leadership in introducing digital public infrastructure, Bill Gates said other countries can certainly benefit from the Indian leadership

Leading global philanthropist and Microsoft co-founder Bill Gates, who is currently in the country, Thursday said he is bullish on India's future. He said the rate of improvement in a lot of the key areas in the country is very strong. "I'm certainly bullish," he said when asked whether he is bullish or bearish on India's future. “The growth of the Indian economy is definitely a real positive", he added.

During an interview with news agency ANI, when he was quizzed about Prime Minister Narendra Modi's vision for India, the former Microsoft CEO said, "The strength of India today, in terms of economic growth, innovation, is very exciting...Democracy is a magic system when it works well. It's not just that my group deserves a term but rather that my group will grow the pie for everyone, improve the economy, education."

Also Read | Who is Dolly Chaiwala? Internet sensation who earned praise from Bill Gates for his unique style of serving tea

On India's future, the billionaire said, "I'm certainly bullish. The rate of improvement in a lot of the key areas is very strong. Everyone knows that in vaccines, India is the world's leader. So we are investing with our partners here to come up with lots of new vaccines. The diagnostic industry has also come out with some work after the pandemic so we are partnering there as well."

Lauding Prime Minister Narendra Modi's leadership in introducing digital public infrastructure, Gates told ANI that other countries can certainly benefit from the Indian leadership.

Also Read | Bill Gates heralds need for 'fantastic Indian innovation' at IIT Delhi: 'I am looking at...'

"This idea of digital connections that starts with Aadhaar and the bank accounts that you manage digitally, that's flourishing. And so we see in agriculture now that they are registering the farmers and giving them advance notice. And so Indian leadership is something other countries should benefit from," he said.

Gates on Indian Economy

When asked about the Indian economy, the Microsoft co-founder said “the growth of the Indian economy is definitely a real positive" adding that the strength of India today, in terms of economic growth and innovation, is very exciting.

He said that the growth of the Indian economy comes up in his discussions with Buffett and his associate, Ajit Jain.

Also Read | ‘Global innovator…’ Bill Gates hails India for providing COVID vaccines to over 150 nations in critical times 

"I've been friends with Warren for a long time, over 30 years, and we really never had much overlap in our businesses...we had a very similar view of the world, we love talking to each other. I talk to Warren many times a month about all the different things going on, and he did decide at one point, although it was a complete surprise to me, to funnel some of his generosity through the Gates Foundation. So that's allowed us to be even more ambitious. But our friendship is basically independent of that...Warren hasn't been to India a lot, so he wouldn't claim any deep knowledge. But as we talk about good things going on in the world, the growth of the Indian economy is definitely a real positive," Bill Gates said

Gates on AI in India

Noting that Artificial intelligence (AI) is the most transformative technology he has seen in his lifetime, Gates said, "If I was a student today, the mysteries of AI would draw me in. It is kind of weird that even the systems that are working so well, we don't really understand them. I would definitely be drawn to that".

On AI in the India, Gates said there is a lot of ‘fantastic’ work ongoing in the country in this field.

Also Read | Microsoft co-founder Bill Gates visits Maa Mangla Basti in Odisha's Bhubaneswar | Watch

"I think you have a very bright future. No matter what your specialty is - whether it is engineering, discovering new drugs, or policy work. The AI advances will give you opportunities and force you to think through these new systems in very deep ways," he said.

"You have groups like Wadhwani, you have the IIT groups that are very state-of-the-art. There will be a lot of fantastic leadership work in AI here in India. And when it's helping the poorest in areas like health and agriculture, our foundation will be proud to help shape that and support it," he said during the ANI interview.

 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 29 Feb 2024, 11:14 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App