IT Leaders Meet PM Modi; Microsoft Announces $17.5B India Investment

• IT sector leaders, including CEOs from Microsoft, Intel, and Cognizant, met with Prime Minister Modi to discuss investments and future plans in India.
• Microsoft announced its largest investment in Asia to date, committing $17.5 billion to India for building AI infrastructure and enhancing skills.
• Intel plans to increase investment in India's semiconductor ecosystem and signed an MoU with the Tata Group to support domestic supply chains and the 'Make in India' initiative.
• Cognizant discussed promoting AI, modernizing education, and skill development, reiterating its commitment to India and plans for growth in emerging cities.

Why It Matters: Big tech investments solidify India's position as a global AI and semiconductor hub.