Invest in India, PM invites US CEOs

| | Washington
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Invest in India, PM invites US CEOs

Friday, 24 September 2021 | PTI | Washington

Invest in India, PM invites US CEOs

Prime Minister Narendra Modi on Thursday held extensive discussions with top American CEOs and business leaders on investment in India and explored ways to forge closer Indo-US economic linkages that would benefit the people of the two countries.

Modi, who arrived here on Wednesday on an official visit to the US during which he will hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris, held separate meetings with CEOs of Qualcomm, Adobe, First Solar, General Atomics and Blackstone.

“Through the morning, had extensive discussions with top CEOs and business leaders on investment in India. They were appreciative of India’s reform trajectory. Closer economic linkages between India and USA benefit the people of our nations,” Modi said after one-on-one meetings with CEOs.

“Talking technology...,” the Prime Minister’s Office said in a Twitter post after Modi’s meeting with Qualcomm CEO Cristiano Amon and First Solar CEO Mark Widmar. They had a productive interaction, it said.

“PM Modi highlighted the vast opportunities India offers. Amon expressed keenness to work with India in areas such as 5G and other” Digital India efforts, it added.

Qualcomm, which started its operations in 1996, has operations specialising in wireless modem and multimedia software, Digital Signal Processing (DSP) and embedded applications, and digital media networking solutions.

In India, Qualcomm Ventures has invested in companies that address key domestic issues from dairy, transportation to defence.

Modi described the meeting as “fruitful” and said they talked about leveraging technology for greater public good and tech opportunities in India.

“He was interested in India’s strides in 5G and our efforts such as PM-WANI to boost connectivity,” Modi said.

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