How India and Brazil Are Shaping the Future with Technology| TiEcon 2025
In today’s rapidly evolving world, technology is transforming global economies, creating new opportunities for growth and development. At the TiEcon 2025 Global Trade and Ventures Panel, Dr. K. Srikar Reddy, Consul General of India, and Ronaldo Costa, Consul General of Brazil, shared how these two powerful emerging markets are using innovation to fuel their economic futures. The session was moderated and chaired by Mateen Syed by Mateen Syed, who guided the conversation with thoughtful insights and questions
India: A Rising Tech Powerhouse
India, currently the fastest-growing large economy, is on a mission to become a developed nation by 2047. Central to this goal is its investment in youth, entrepreneurship, and AI. The country now ranks on 1 globally in AI skill penetration, a testament to its commitment to digital innovation.
Initiatives like the India AI Mission, government-backed apprenticeship programs, and startup incubation centers are helping position India as the “skilled capital of the world.” With over 160,000 registered startups and 115 unicorns, India is fostering a robust ecosystem that thrives on talent and technology.
Brazil: Bridging Socio-Economic Divides Through Tech
Brazil is taking a unique, inclusive approach. Using technology to bridge social and economic divides. Alongside developing advanced tech skills, the country is promoting broader digital literacy. Brazil ranks 33rd globally in scientific output and boasts 20,000 startups and 31 unicorns.
With national plans like the Brazilian AI strategy and a semiconductor roadmap, the country is focused on scalable, sustainable innovation.
A Shared Vision for the Future
India and Brazil are trying to build stronger connections with Silicon Valley and bring in more global investment. But they still face challenges like improving education to match tech trends, dealing with limited resources, and making sure growth benefits everyone.
Diplomats play a pivotal role in enabling global collaboration, serving as strategic connectors between nations, ecosystems, and ideas to accelerate innovation and economic growth.
India and Brazil are not just adapting to technological change, they’re leading it. Their bold strategies and commitment to skill development and innovation offer valuable lessons for the global community. Society moves forward when we work together, include everyone, and share a common goal of building a better world with the help of technology.
To dive deeper into these insights and learn from global leaders, watch the full TiECon 2025 discussion here