In a written reply to the Rajya Sabha, Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship informed that government bodies have signed memoranda of understanding (MoUs) with Google, Meta and IBM to foster innovation and investment in the country.
The minister noted that the government recognises the potential of emerging technologies and is actively working with the private sector to foster innovation and promote their utilisation.
The minister mentioned that the MoUs were signed between IBM India and three entities engaged with the Ministry of Electronics and Information Technology (MeitY) in October 2023 to advance and accelerate innovation in artificial intelligence (AI), semiconductor, and quantum technology for India.
He added that another MoU was signed between Google India and Digital India Bhashini Division (DIBD) which outlines a strategic partnership to advance AI technology and promote language inclusivity in India in September 2023. In addition, in July 2023, India Al and Meta signed an MoU to establish a framework in Al and emerging technologies and in September 2022, MeitY Startup Hub (MSH) and Meta collaborated to accelerate extended reality (XR) technology startups in India.