Monday, October 18, 2021

PM Modi meets top American CEOs

Prime Minister Narendra Modi meets President and CEO of Adobe Shantanu Narayen in Washington DC, USA on September 23, 2021. (PIB)

Washington: Prime Minister Narendra Modi, who is on a three-day US visit, on September 23, 2021, met Chief Executive Officers (CEOs) of top-notch American companies.

General Atomics Global Corporation

Prime Minister Narendra Modi met Vivek Lall, Chief Executive of General Atomics Global Corporation.

They spoke about strengthening the defence technology sector in India. Lall appreciated the recent policy changes to accelerate defence and emerging technology manufacturing and augment capacity building in India.

First Solar

Prime Minister Narendra Modi met Mark Widmar, CEO of First Solar.

They talked about India’s renewable energy landscape, particularly solar energy potential, and our target of 450 GW electricity generation from renewable sources by 2030.

Discussions also took place about First Solar’s interest in setting up manufacturing facilities in India using their unique thin-film technology by availing the recently launched Production Linked Incentive (PLI) Scheme, as well integrating India into global supply chains.

Adobe

Prime Minister Narendra Modi met Shantanu Narayen, President and CEO of Adobe.

They discussed Adobe’s ongoing collaboration and future investment plans in India. Discussions also focused on India’s flagship programme Digital India, and use of emerging technologies in sectors like health, education and R&D.

Qualcomm

Prime Minister Narendra Modi met Cristiano Amon, CEO of Qualcomm.

During the meeting, they discussed investment opportunities offered in India’s telecommunications and electronics sector. This included the recently launched Production Linked Incentive Scheme (PLI) for Electronics System Design and Manufacturing (ESDM) as well as developments in the semiconductor supply chain in India. Strategies for building the local innovation ecosystem in India were also discussed.

Blackstone

Prime Minister Narendra Modi met Stephen Schwarzman, Chairman, CEO and Co-Founder of Blackstone.

Schwarzman briefed the Prime Minister about Blackstone’s ongoing projects in India, and their interest in further investments in the infrastructure and real estate sectors.

Promising investment opportunities in India including those under National Infrastructure Pipeline and National Monetisation Pipeline were also discussed. (Press Release)

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