India has lot to offer to partner with US, says Invest India CEO Nivruti Rai

New Delhi [India], April 11 (ANI): Nivruti Rai, Managing Director & CEO of Invest India, highlighted India's growing role in the global technology ecosystem and emphasized the nation's readiness to partner with the US on initiatives that serve the greater good of humanity, at the Carnegie Global Tech Summit in New Delhi, on Friday.

Rai said, "With 5 million software and engineering graduates each year, India has a lot to offer to partner with the US. We can come up with a common vision that we both have as countries, which is global good, combined minds across oceans, protecting the interests of humanity across generations."

Rai pointed to the critical role of computing infrastructure in today's innovation-driven world, sharing an anecdote from her prior experience in the tech industry.

"Compute has become very, very critical, and all of us have lived through it. But I know, in my previous company's experience, that a USD 100,000 machine was sitting because of lack of a little USD 1 microcontroller," she recalled, emphasizing how vital and sometimes fragile the supply chain can be.

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."

Currently, India holds only 2-3 per cent of the world's data centers despite managing 20 per cent of global data. She noted, "If we want to run data centers, we have to look at the Indian opportunity. India has 2 per cent to 3 per cent of data centers and 20 per cent of the data."

She added, "So for investment, I can tell you I'm an investor here. What we have taken over the last 2 years, and I have invested, 30 per cent of all of the investment is coming in the energy space, which is one critical requirement for any technology."