Tag Archives: CEOs

Modi meets CEOs ahead of meeting with Trump

Newsroom24x7 Network

Washington DC: Prime Minister Narendra Modi today, ahead of his meeting with the US president Donald Trump, Interacted with top Indian and American CEOs and held extensive discussions on opportunities in India.

Timothy Donald Cook, the Chief Executive Officer of Apple Inc and Sundararajan Pichai, the chief executive officer of Google Inc. who is better known as Sundar Pichai, were among those present.

Modi will meet the Indian diaspora in Virginia later today. Bilateral meetings between Modi and Trump are lined up for tomorrow.

Industrial development is on the fast track in Madhya Pradesh: Shivraj Singh Chouhan

Shivraj Singh Chouhan in the USNew York: Coinciding with the second India-US Strategic and Commercial Dialogue (S&CD) in New Delhi which was joined by India’s Minister for External Affairs Sushma Swaraj, Minister for Commerce and Industry Nirmala Stharaman, US Secretary of State John Kerry, Secretary of Commerce, Penny Pritzker, Cyrus Mistry of the Tata Group and David Cote of Honeywell, the Chief Minister of Madhya Pradesh Shivraj Singh Chouhan began the third day of his US visit on Tuesday by reaching out to the captains of industry and inviting them to become partners in the industrial development of Madhya Pradesh.

Interacting with investors and CEOs of US companies in New York on Tuesday, Chouhan said that Madhya Pradesh has become a fast track State when it comes to industrial development and all necessary infrastructure is being developed to accelerate industrial growth and promote new industries in 20 new industrial areas in the State.

Speaking of visible change in the overall scenario over the last one decade, the Chief Minister said that Madhya Pradesh has become the first choice of investors. He said that the State Government treats investors as partners in the process of development. Minister for Industries Rajendra Shukla and senior officials were present.

Welcoming investors to Madhya Pradesh, Chouhan assured them that there would be no hurdles in their way. The State Government intends to give the young manpower opportunities of growth through industrial development. For achieving this goal, they are being equipped with skills and are also being oriented for entrepreneurship.

Chouhan invited the prospective investors to the Global Investors’ Summit to be held at Indore later in October this year.

The Chief Minister held discussions about investment in the state in sectors like education, Information Technology, Public Service, construction engineering, biotechnology.

Arceus Infotech Private Limited has shown interest in setting up a development center in Bhopal. The US Technology International Private Limited also expressed willingness to invest Rs. 400 crore for setting up IT Campus at Bhopal. The US major in IT and food sector – LT Foods and its vendors are also willing to invest.

International Research Laboratories Pvt. Ltd. is willing to expand its operation in the State to address cataract blindness as a key player in the global blindness eradication campaign ‘Help Me See’.

RMC, USA, which deals in building materials for the construction of residential and commercial supplies also showed interest.

American Association of Physicians of Indian Origin – held discussion on widening its network in Madhya Pradesh.

US-India Business Council

The Chairman of US India Business Council Mukesh Aghi met the Chief Minister and discussed the future strategies to enhance bilateral trade between US and India.

The Council was formed for trade collaboration between The Governments of the US and India. The India-US business ties is a leading business consulting organization. The USIBC is the largest bilateral trade organization, which includes representatives of the American and Indian companies.

‘Friends of MP’ Forum

Addressing the ‘Friends of MP’ Forum, Chouhan said that Madhya Pradesh Government is seeking value-based citizen participation. This initiative, he said intends to bring at one place knowledge, expertise and people. It helps NRIs to stay connected to their homeland. Also, it serves as a useful platform where friends of Madhya Pradesh and policymakers can join hands.

India, Saudi Arabia ready to take bold new steps to a golden future: Modi

Newsroom24x7 Staff

The Prime Minister Narendra Modi meeting the prominent Saudi business leaders at Saudi Chambers of Commerce, in Riyadh, Saudi Arabia on April 03, 2016.
The Prime Minister Narendra Modi meeting the prominent Saudi business leaders at Saudi Chambers of Commerce, in Riyadh, Saudi Arabia on April 03, 2016.

Riyadh: Indian Prime Minister Narendra Modi, today interacted with 30 Saudi CEOs and Indian business leaders in Riyadh. He described India and Saudi Arabia as old friends, ready to take bold new steps to a golden future.

Emphasizing the strength of ties between the two countries, he recalled King Salman mentioning that he was taught by an Indian teacher.

He said India had a unique combination of democracy, demography and demand, and several policy initiatives had been taken over the last two years to spur growth and progress.

Speaking about the health sector, he said there was tremendous scope for investment in the manufacturing of medical devices. He said India’s health sector which is globally extremely cost competitive, offers immense scope for health tourism. He added that Indian nurses, present in large numbers in the Gulf, are a testament to our well-trained manpower.

He called for taking the economic relationship beyond export and import, to technology transfers and joint investment.

He assured Saudi investors that retrospective taxation was a thing of the past, and his Government believes in a predictable long term taxation regime. He mentioned petroleum, renewable energy, infrastructure, and defence manufacturing, as possible areas for Saudi investment. He said Saudi investment in fertilizers, warehousing, cold chain facilities and agriculture, would be a win-win partnership, as it would ensure good quality food products for Saudi Arabia.

He said India and Saudi Arabia should look at working together in the field of cyber-security