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Home / Technology / India-US Tech Trade Surge: $200B Investment Expected

India-US Tech Trade Surge: $200B Investment Expected

7 Feb

•

Summary

  • India and US to boost tech trade, focusing on GPUs and data centers.
  • Investments are projected to exceed $200 billion under the India AI mission.
  • The partnership aims to foster co-development and respect for intellectual property.
India-US Tech Trade Surge: $200B Investment Expected

India and the United States are poised for a substantial expansion in technology trade, with a particular emphasis on Graphics Processing Units (GPUs) and data center infrastructure. Union Minister Ashwini Vaishnaw revealed that investments are anticipated to exceed $200 billion, driven by the India AI mission.

Vaishnaw highlighted the commitment to co-development and intellectual property respect between the two nations. India has already procured over 34,000 GPUs for its common compute facility and plans to acquire an additional 20,000. These advancements are expected to bolster the five layers of the AI architecture.

The agreement is seen as a significant win, providing India with crucial ICT products and AI equipment. The projected investments, building upon existing commitments, are expected to generate numerous opportunities for Indian service providers and startups to develop and offer innovative solutions worldwide.

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Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
India and the US will significantly increase trade in technology products, including Graphics Processing Units (GPUs) and goods used in data centers.
Investments are expected to exceed $200 billion, particularly under the India AI mission.
India has procured over 34,000 GPUs and plans to add 20,000 more as part of the common compute facility.

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