New Delhi: Microsoft CEO Satya Nadella, who is on a four-day trip to India, has given several interviews to the Indian press over the last few days on how technological developments should be thought about, who they’re meant for and how tech companies should be regulated.In an interview to Mint, when asked about India’s regulatory framework for technology and how that had affected Microsoft, Nadella said, “We welcome it [regulation] and also are not waiting for regulation in order to have a fundamental trust in technology and business models of technology. That’s how I approach it.”“It’s a continuous evolution of regulatory regimes and technology, and things have to keep pace. And just because the regulation cannot keep pace with the technology that’s going to come, it’s incumbent, quite frankly, on people like us who are in this business to say how we have core foundational trust in what we build, by design,” he continued.Regulation, according to Nadella, has to be thought of from the perspective of national interest. “Data doesn’t come from one place. It may have gotten created somewhere else, and it should have come to India. Then in India, people should be able to use it, add value to it, and then have it go out of India and have others use it. That’s the way for regulators to think about it. And by the way, it should all be done in the national interest. It’s not about benefiting anybody else other than the people of this country.”Nadella, who grew up in Hyderabad and took over as the CEO of Microsoft in 2014, was given the Padma Bhushan – India’s third highest civilian honour – in 2022.In an interview to Economic Times, Nadella also highlighted the public interest and “deflationary” importance of technological advancements. “…ultimately, I want to stay focused on – how are we helping? Our license to operate in any country fundamentally exists because we create local surplus, right? …to me, we want to meet the real world. We are an American company, subject to American foreign policy, but we ultimately will be tested in India (or the country we are operating in). How we are able to create local surplus, and if we do, we will have a permission to operate and if we don’t, we will get kicked out and deservedly so. So that’s the way I think about every country. As long as we do that, I think multinationals like us will stay grounded.”When asked by ET about technology being a deflationary force in an inflationary world and his outlook for 2023, Nadella said, “…it’s sort of showtime for all of us in digital technology. To be able to say – look, here is how you can use the most valuable resource to do more with less. Therefore, fundamentally…move to the cloud. When you move to the cloud, you use less energy, that’s deflation. You use it more efficiently, that’s deflationary.”