PM Modi meets chief executives of five US companies
- In Reports
- 02:00 PM, Sep 24, 2021
- Myind Staff
On the first of his US visit, Modi had one-o-one meeting with the top five American Chief executive officers (CEOs) of different key areas.
"Landed in Washington DC. Over the next two days, will be meeting President Joe Biden, Vice President Kamala Harris, Prime Ministers Scott Morrison from Australia and Yoshihide Suga from Japan. Will attend the Quad meeting and would also interact with leading CEOs to highlight economic opportunities in India," the Prime Minister tweeted.
Out of these Five CEOs, two are Indian Americans who met PM Modi. They are Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three other CEOs include Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.
According to the PTI reports, PM Modi meet the Indian American CEO Shantanu Narayen reflects the priority of Indian Government that is the advancement and progress in IT and digital areas.
Another company, General Atomics is not only the pioneer in military drone technologies but it is also the world's top manufacturer of state-of-the-art military drones. Therefore, the meeting with its CEO Vivek Lall is very important since India is in the process of procuring a significant number of drones for the three branches of its armed forces.
Whereas the meeting with chip giant Cristiano Amon is assumed as significant since India is also pushing for safe and secure 5G technology. The San Diego-based company Qualcomm creates semiconductors, software, and services related to wireless technology.
As India is taking gigantic steps in the use of solar power to meet its energy needs, therefore the meeting with First Solar’s CEO Mark Widmar is important. Earlier this year, the Arizona-based company announced to add 3.3 GW of capacity in a new facility in India at an estimated cost of USD 684 million.
Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world's leading investment firms investing capital on behalf of pension funds, large institutions and individuals. In March 2021, Blackstone announced that funds managed by Blackstone Real Estate have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group, in one of India's largest logistics transactions.
Image source: Republic world
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