November 23, 2024 09:38 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
PM Modi meets American CEOs to boost investments in India
PM Modi | US CEOs meeting
PM Modi meeting American CEOs/ credit: Press Information Bureau

PM Modi meets American CEOs to boost investments in India

| @indiablooms | 23 Sep 2021, 10:23 pm

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.

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.

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.

Modi will meet US Vice President Kamala Harris later in the day.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.