PM Modi meets top American CEOs to discuss investments in India
By MYBRANDBOOK
In an official visit to the US, Prime Minister Narendra Modi met some of the leading American CEOs on the first day of his visit and discussed many topics varying from drone to 5G, semiconductor and solar. He will also hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris.
Ahead of his meeting with the business leaders, Modi had said he would interact with leading CEOs to highlight economic opportunities in India. The PM has also urged the CEOs of Qualcomm, Adobe, First Solar, General Atomics and Blackstone to step up their investments in India by highlighting various opportunities coming their way.
With Qualcomm’s CEO Cristiano E Amon, PM discussed India's new drone policy and assured him about Indian talents and to start manufacturing with the advantage of the production-linked incentive (PLI) scheme it offers. In response, Amon expressed his gratitude to work with India on pioneering digital transformation programmes including in 5G, PM WANI and others. He also expressed interest in partnering with India to work in the field of semiconductors.
"Toward making India a global innovation hub!" Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi tweeted. "Discussed recent electronics and telecom manufacturing PLI schemes; and measures to strengthen innovation ecosystem," he added.
With Adobe CEO Shantanu Narayen, Prime Minister Modi discussed Adobe's continuing activities in India and future investment plans, according to Bagchi.
PM Modi and General Atomic CEO Vivek Lall discussed India's progress in drone technology, including the unconventional reforms and PLI scheme, the PMO said in a tweet.
Mark Widmar of First Solar shared plans to use the PLI scheme for manufacturing solar power equipment with unique thin-film technology; and merge India into global supply chains.
Interacting with PM Modi, Blackstone’s Schwarzman assured investment opportunities in India, including those under National Infrastructure Pipeline and National Monetisation Pipeline.
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