PM Modi highlighted the advantages of technology and how it improved India’s status around the world

India is using technology as a weapon in the war against poverty, Prime Minister Narendra Modi stated in a video message at the 25th edition of the Bengaluru Tech Summit on Wednesday.

Prime Minister Modi highlighted the advantages of the Svamitva plan, the people's property cards, the Jan Dhan Aadhar Mobile Trinity, the incentives for using digital payments, and the government e-marketplace.

He added that because Indian youth have ensured talent and technological globalization, their power is well known around the world.

"Healthcare, management, finance - you will find young Indians leading many domains. We are using our talent for global good. Even in India, their impact is being seen," he added.

He noted that India improved from 81st place in 2015 to 40th place this year in the Global Innovation Index.

In addition, he asserted that India is now the third-largest start-up hub in the world and that the number of unicorn start-ups there has doubled since 2021. He also mentioned that there are over 81,000 recognized startups in India.

PM Modi continued, citing India's talent pool as the reason why hundreds of foreign corporations establish R&D centers there.

Further asserting that India is experiencing a mobile and digital revolution that is empowering young people there, he noted that in the previous eight years, internet connections increased from 60 million to 810 million, and smartphone users increased from 150 million to 750 million.

He claimed that technology was once seen as an "exclusive domain" and to be reserved for the powerful, but India has demonstrated how to democratize technology.

"India has also shown how to give tech a human touch. In India, technology is a force of equality and empowerment," he said.

He said that India has one of the "largest online repositories of open courses," with hundreds of courses available across a variety of areas and over 10 million successful certifications having taken place via free and online means.

He emphasized how vital innovation is, but how much more powerful it is when it is supported by integration. By using a common platform like the PM Gati Shakti National Masterplan as an example, he continued, technology is being leveraged to eliminate silos, allow synergy, and guarantee service.

He asserted that over the next several years, India will invest more than Rs 100 trillion in its infrastructure. Additionally, he asserted that India is no longer recognized for its red tape but rather for its red-carpet treatment of investors.

"India is no more a place known for red tape. It is known for red carpet for investors. Whether it is FDI reforms, Or liberalization of drone rules, Or steps in the semiconductor sector, Or the production incentive schemes in various sectors, Or the rise of ease of doing business," he said.

He also invited investors from all over the world to invest in India and said, "India has many excellent factors coming together. Your investment and our innovation can do wonders. Your trust and our tech talent can make things happen. I invite you all to work with us as we lead the world in solving its problems. I am sure your deliberations at the Bangalore Tech Summit will be interesting and fruitful."