PM Modi at VivaTech 2026: India offers talent, green energy and $50 bn in incentives

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PM Modi at VivaTech 2026: India offers talent, green energy and $50 bn in incentives

Synopsis

At Europe's biggest tech conference, Modi didn't just pitch India — he put a number on it: over $50 billion in targeted incentives, a 200,000-strong startup ecosystem, and UPI processing half the world's real-time transactions. The VivaTech stage was a calculated choice to court European capital at a moment when global tech investment is actively seeking alternatives to China.

Key Takeaways

PM Modi addressed VivaTech 2026 in Paris on 18 June 2026 , the conference's 10th edition .
India offers targeted government incentives exceeding $50 billion for innovation and private enterprise, according to Modi.
India's startup ecosystem has surpassed 200,000 startups .
UPI now processes half of the world's real-time digital transactions and is operational in France , including at the Eiffel Tower and Paris Airport.
Modi cited DigiLocker and PM Gati Shakti as examples of technology-driven governance at scale.
Modi previously addressed VivaTech in 2021 during the Covid-19 disruption, framing India's innovation push as consistent and long-term.

Prime Minister Narendra Modi on Thursday, 18 June 2026 extended a direct invitation to global businesses, innovators, and startups to partner with India, speaking from the stage of VivaTech 2026 in Paris — Europe's largest technology conference. Modi positioned India as a rising global hub for technology and entrepreneurship, citing an unmatched talent pool, affordable data, low-cost green energy, and targeted government incentives exceeding $50 billion.

The Core Pitch to Global Business

'Work with India and deliver for all,' Modi told an audience of business leaders, startup founders, and technology enthusiasts at the 10th edition of VivaTech. He described India as an open society with the world's largest talent pool, and underlined the government's commitment to simplifying regulations and improving ease of doing business. 'From innovation to commercialisation, we are supporting private enterprise through targeted incentives of over 50 billion dollars,' he said.

Digital Infrastructure as India's Calling Card

Modi highlighted India's digital public infrastructure as a global benchmark, pointing specifically to the Unified Payments Interface (UPI) as evidence of scale. 'Half the world's real-time digital transactions happen in India today,' he said, adding that UPI is now usable in France — including at the Eiffel Tower and Paris Airport. He also cited platforms such as DigiLocker and PM Gati Shakti as examples of technology-driven governance that has improved service delivery and streamlined infrastructure planning.

Echoing VivaTech 2021: Innovation Over Convention

Modi drew a direct line to his previous appearance at VivaTech, noting that when he addressed the conference in 2021, the world was grappling with the disruption of Covid-19. 'Today, the world is experiencing disruptions of other kinds,' he said, reiterating his earlier message: 'Where convention fails, innovation can help.' The callback was deliberate — framing India's trajectory as consistent and long-term, not opportunistic.

India's Startup Ecosystem: 200,000 and Counting

The Prime Minister highlighted the scale of India's startup ecosystem, which now counts more than 200,000 startups. He stressed that India believes technology should be accessible to everyone and that innovation must deliver benefits across society — not just to a privileged few. This framing positions India's tech ambitions within a broader inclusive-growth narrative, differentiating it from high-cost Western innovation hubs.

What This Signals for Global Investors

Modi's Paris appearance is part of a broader diplomatic-economic push during his Europe visit. Addressing VivaTech — a platform that draws leading European and global technology firms — signals that India is actively courting foreign investment in its digital and deep-tech sectors. This comes amid intensifying global competition for technology partnerships, with India pitching itself as a cost-competitive, policy-stable alternative to other emerging markets. The $50 billion incentive figure, attributed directly to Modi's remarks, will be closely watched by industry for specifics on sectoral allocation and disbursement timelines.

Point of View

But the absence of sectoral breakdown or disbursement details leaves it as a headline number for now. India's UPI story is genuinely compelling and globally verifiable; the harder sell is converting that digital credibility into deep-tech FDI that moves beyond back-office and IT services. The 200,000-startup figure also needs context: scale and survival rates in India's startup ecosystem have diverged sharply since 2022's funding winter.
NationPress
4 Aug 2026

Frequently Asked Questions

What did PM Modi say at VivaTech 2026 in Paris?
PM Modi invited global businesses, innovators, and startups to partner with India at VivaTech 2026 on 18 June 2026, highlighting over $50 billion in government incentives, a 200,000-strong startup ecosystem, and India's digital public infrastructure including UPI. He urged the audience to 'Work with India and deliver for all.'
What is VivaTech and why did PM Modi address it?
VivaTech is Europe's largest technology conference, held in Paris. Modi addressed its 10th edition in 2026 as part of a broader diplomatic-economic push to attract global tech investment to India, having previously spoken at the event in 2021.
How does UPI factor into India's global tech pitch?
Modi stated that half of the world's real-time digital transactions now happen through India's Unified Payments Interface (UPI). He also noted that UPI is now usable in France, including at the Eiffel Tower and Paris Airport, as a demonstration of its global reach.
What incentives is India offering to global businesses?
According to Modi's remarks at VivaTech 2026, India is offering targeted government incentives exceeding $50 billion to support private enterprise from innovation through to commercialisation, alongside simplified regulations and improved ease of doing business.
How large is India's startup ecosystem?
India's startup ecosystem has grown to more than 200,000 startups, as cited by PM Modi at VivaTech 2026. Modi framed this alongside India's digital infrastructure as evidence of a mature, scalable innovation environment.
Nation Press
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