Business & Investment

Prime Minister Modi meets with CEOs of five U.S. companies

Prime Minister Narendra Modi met with the CEO of a major US-based company on the first day of his visit to the United States on Thursday.

The Prime Minister held a meeting with Stephen Schwarzmann, Chairman, Chief Executive Officer and Co-Founder of Blackstone. Vivek Lall, CEO of General Atomics; Mark Widmer, CEO of First Solar. Shantanu Narayen, Adobe’s President and Chief Executive Officer. Qualcomm CEO Cristiano Amon.

Blackstone CEO Schwarzman explained to Prime Minister Modi about Blackstone’s ongoing projects in India and the company’s interest in further investment in the infrastructure and real estate sectors. “Promising investment opportunities in India, including those under the national infrastructure pipeline and the national monetization pipeline, were also discussed,” the official PMO statement said.

General Atomics CEO Vivel Lall and the Prime Minister talked about strengthening India’s defense technology sector. Lal praised recent policy changes to accelerate defense and manufacturing emerging technologies and strengthen India’s capacity building.

Prime Minister Modi and First Solar CEO Mark Widmer talked about India’s renewable energy outlook and the country’s goal of generating 450 GW of renewable energy sources by 2030. He also talked about First Solar’s interest in setting up manufacturing facilities in India using First Solar’s unique thin film technology. By utilizing the recently launched Production Linked Incentive (PLI) scheme.

Shantanu Narayen, Prime Minister and CEO of Adobe, discussed the company’s ongoing collaboration and future investment plans in India. “The discussion also focused on India’s flagship program, Digital India, and the use of emerging technologies in areas such as health, education and R & D,” said the PMO.

A discussion of investment opportunities offered in India’s telecommunications and electronics sector took place between Prime Minister Modi and Qualcomm CEO Cristiano Amon. This includes the recently launched PLI Scheme (ESDM) for electronic system design and manufacturing and the development of the semiconductor supply chain in India.

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Prime Minister Modi meets with CEOs of five U.S. companies

https://www.businesstoday.in/latest/economy/story/pm-modi-meets-with-chief-executives-of-5-us-companies-307475-2021-09-23?utm_source=rssfeed Prime Minister Modi meets with CEOs of five U.S. companies

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