PM Modi meets American CEOs to boost investments in India
New Delhi/IBNS: Prime Minister Narendra Modi on Thursday met the US's business community to boost investment in India.
Modi is in the United States on a four-day visit during which he will attend the first in-person Quad summit on Sept 24 and address the UN General Assembly in New York on 25th of the same month.
He will also hold important bilateral meetings with world leaders.
PM Modi meets 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.
Toward making 🇮🇳 a global innovation hub!
— Arindam Bagchi (@MEAIndia) September 23, 2021
PM @narendramodi in conversation with @cristianoamon, CEO @Qualcomm on investment opportunities in hi-tech sectors in India.
Discussed recent electronics & telecom manufacturing PLI schemes; & measures to strengthen innovation ecosystem. pic.twitter.com/Cg3PKmshxN
Strategies for building the local innovation ecosystem in India were also discussed.
Amon also expressed keenness to work with India in areas such as 5G and other digital India efforts.
Modi's meeting with 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.
Mr. Shantanu Narayen, Chairman, President and CEO of @Adobe met PM @narendramodi. Discussions focussed on leveraging technology to provide smart education to youngsters and enhance research. They also discussed the vibrant start-up sector in India, powered by the Indian youth. pic.twitter.com/oNTY95nrV0
— PMO India (@PMOIndia) September 23, 2021
Modi also 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.
Renewed focus on renewable energy.
— PMO India (@PMOIndia) September 23, 2021
CEO of @FirstSolar, Mr. Mark Widmar called on PM @narendramodi. PM Modi elaborated on India's efforts to harness solar energy, including the 'One world, One sun and One grid' initiative and investment opportunities in the sector. pic.twitter.com/tkPjoTkBwm
Modi will meet US Vice President Kamala Harris later in the day.
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