Top US CEOs appreciate India’s recent reforms, says Shringla

Modi, who arrived here on Wednesday on an official visit to the US, during which he will hold his first one-on-one meeting with President Joe Biden on Friday, on Thursday held separate meetings with top US CEOs and business leaders on investments in India. . Modi met Vice President Kamala Harris on Thursday.

“During the morning, there were extensive discussions with top CEOs and business leaders on investments in India. He was appreciating India’s reform path. The close economic ties between India and the United States of America benefit the people of our nations,” Modi said in a tweet.

These CEOs included Shantanu Narain from Adobe and Vivek Lal from General Atomics, Cristiano E Amon from Qualcomm, Mark Widmar from First Solar and Stephen A Schwarzman from Blackstone.

“There is a clear message from the business leaders about the appreciation of the recent reform measures in India, which have made India a more business-friendly environment, liberal investment norms in various sectors and felt that India has a significant There were investment opportunities,” Shringla told reporters after the meeting.

The Prime Minister discussed 5G connectivity and the Digital India flagship program with Amon, CEO, Qualcomm.

“The CEO was very optimistic about India. He described it as the number one growth destination for companies in the world,” Shringla said.

In his meeting with Adobe CEO Narayan, the Prime Minister discussed education technology, startups, innovation, animation for youth. There was a lot of discussion about how technology can benefit young people, especially students, school going students.”

In a tweet, Modi said that Narayan is a great friend of India.

“I sat down with him to discuss interesting ideas related to ed-tech, supporting Indian start-ups and fostering innovation. Shantanu expressed his desire to enjoy the videos and animations till every child in India.

Mark Widmar, CEO of First Solar discussed the Green Hydrogen Mission announced by the Prime Minister. There was a sense of interest in the Prime Minister’s vision of ‘One World, One Sun and One Grid’.

In his meeting with General Atomics chief executive Lal, the discussion centered around India’s recent drone policy, which also included the Production Linked Incentive (PLI) scheme.

“Drones are an upcoming sector in India and are of particular interest to the youth. Interacted with Mr. Vivek Lal of General Atomics Global Corporation and talked about how India is ushering in a paradigm shift in drone policy, which is seen in our PLI plan and reform measures,” Modi said at the meeting. Tweeted later.

During his meeting with Blackstone Group CEO Stephen Schwarzman, investment opportunities in India, including those arising due to the national infrastructure pipeline and the national monetization pipeline, were discussed.

Blackstone Group has a huge presence in India and is a very important investor in India.

“He (Schwarzman) described India as the number one performing country in the world,” the foreign secretary said.

“His business success and intellectual acumen are commendable. We talked about India’s investment potential and why our country is one of the world’s most attractive destinations for investment,” Modi tweeted after meeting with Blackstone CEO said in.

Qualcomm CEO Cristiano Amon said in a statement that he appreciates Modi’s commitment to developing India’s technology sector and creating a business-friendly environment.

“We discussed the importance of semiconductors and the need for a reliable and geographically diverse supply chain,” he said.

“I also expressed Qualcomm’s continued support for India’s transition to 5G and a digitally empowered society, as well as its semiconductor supply chain initiatives. 5G represents a substantial opportunity for India and we look forward to working with the government, India’s technology-advance startup community and local industry to make this a reality.”

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