India Can Take A Key Role In Tech: Quad Investors Head


According to the head of the Quad Investment Network, India can take a leading role in technological areas deemed as essential by the Quad states. According to Karl Mehta, Chairman of the Quad Investment Network (QUIN), the country has a lot of prospects because of its skill base and ability to stand up as the second largest manufacturing base outside of China.

Following the recent Quad Summit in Japan and before of India’s Prime Minister Narendra Modi’s formal visit to the United States, Mehta and Alex Trueman, the network’s special advisor, were in Washington DC for discussions with Biden administration officials.

QUIN is a network of investors and executives from the Quad countries (India, the United States, Australia, and Japan) that aim to encourage co-investment in essential technology. On May 20, it was formally launched. Mehta stated that India aspires to be the world’s manufacturing factory, as China has been for the previous 30 years.

“India has tremendous opportunities as a part of one of the four Quad nations. It is the only developing country because the other three are already developed nations. According to Mehta, QUIN has chosen technological areas that are crucial from a supply chain standpoint in order to establish/maintain Quad’s leadership in these technologies. Semiconductors, renewable energy and essential minerals, quantum technologies, mobility, 5G/6G, cybersecurity, healthtech, biotech, defence tech, and spacetech are among these sectors.

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