India means business


The top five CEOs Modi met two days ago include Adobe's Shantanu Narayan, General Atomic CEO Vivek Lal, Qualcomm's Cristiano, First Solar's Mark Sidmar, Blackstone's Stephen Schwarzmann.

India's PLI scheme will attract investment from abroad and inform the CEO of Haranphal in India's commerce sector: Assurance of various facilities and government assistance

This is not far off. When the Work Economy Forum met at Dewas in January 2017, the Prime Minister of India addressed the top 20 CEOs of the world there. The tagline of this address was India Means Business. Of the global companies present at Dewas, 30 were from India.

When the Prime Minister started telling India's growth story, an Indian External Affairs Ministry official tweeted that 20 CEOs were listening to Modi and pin drop silence was prevailing. For the last 20 years, no Indian Prime Minister has attended the annual meeting of the Economic Forum. We don't want to waste time figuring out the reason but everyone was listening to the Prime Minister of India as he laid out the red carpet for business. During the meeting at Dewas, Modi also met top business houses and asked them to consider investing in India. Yesterday, Prime Minister Modi once again told India's growth story to the world's top five CEOs in the United States. This time, however, the tone was different. In 2013, India told its CEOs to invest in growth stories, but this time the top five CEOs said that India has picked up the pace of growth and if you do not join, you will miss out on the opportunity to make a profit and the benefits from India. In short, India's economic picture is changing, he told everyone in a one-on-one interview.

As you read this, the Prime Minister may have returned to India, but on the first day of his three-day visit to the United States, he met four of the world's top CEOs and showed his business views. The Prime Minister gave more importance to the Commerce Angle along with other political and bilateral relations. This time in Washington, you did the same thing you did in 2016 in Devas. People were getting a hint of their business first.

The top five CEOs Modi met two days ago include Adobe's Shantanu Narayan, General Atomic CEO Vivek Lal, Qualcomm's Cristiano, First Solar's Mark Sidmar and Blackstone's Stephen Schwarzmann. Two of the five are Indian Americans.

The Prime Minister apprised everyone of the PLI schemes being offered in various sectors and also said that India wants to be a manufacturing hub in some sectors. Mark Sidmar has agreed with Prime Minister Modi to manufacture solar panels in India. Praising India, Mark Sidmar said that India has made great strides in the field of solar energy programs. First Solar is a leading solar panel maker in the United States. India's efforts in the field of clean energy are also commendable. "The prime minister also talked to me about the Green Hydrogen mission," he said. The State Department said in a statement that the US-based solar panel maker wants to take advantage of the production-linked incentive scheme in India. According to sources, First Solar is all set to start manufacturing in India. Similarly, Cristiano M, CEO of Dechnerbus, has also decided to take the opportunity to invest in India. India has shown readiness to invest in telecommunications and electronics. Cristino has shown interest in the Five G and digital fields. The benefits of the PLI scheme offered in the telecom sector were also shown. Foreign Ministry sources said the system design would also help in setting up a semiconductor supply chain. Five G will invest in technology. "We are proud to be a partner with India," he said after the meeting.

Shantanu Narayan of Adobe Systems, who joined the company for the 13th time, became the CEO of the company in 2006. It is also the Padma Bhushan. By contacting him, Modi briefed India on industrial progress. Former US President Obama placed him on the advisory board.

Blackstone's Stephen Schwarzman's firm is a reputable American investment firm. He holds an MBA from Harvard. He was explained about India's PLI scheme. Similarly, a long meeting was held with Vivek Lal of General Atomics. General Atomics is affiliated with the American Energy and Defense Corporation. It is associated with nuclear fusion and nuclear fusion energy. A spokesperson for the Ministry of External Affairs said that India has shown readiness for technical assistance in the manufacturing sector.

After reading this, the reader will be able to say that India means business.

The Make in India campaign will gain momentum

Bilateral ties between US and India are strong After Prime Minister Modi's visit to the US yesterday, US companies will increase investment in India and also set up their own units to further strengthen India's McIntyre's dream. The current trade between India and the US is ત્રણ 3 trillion. The US has overtaken Mauritius in terms of foreign direct investment. During 1990-91, US foreign direct investment in India stood at 12.5 billion. Many companies like Apple have set up their own units in India.

Comments