[ad_1]
Prime Minister Narendra Modi mentioned he would spotlight financial alternatives in India throughout his conferences with CEOs right here.
On Thursday, the Prime Minister is scheduled to carry one-on-one conferences with high 5 American CEOs.
Two of them are Indian Individuals — Shantanu Narayen from Adobe and Vivek Lall from Normal Atomics. The three others being Cristiano E Amon from Qualcomm, Mark Widmar from First Photo voltaic, and Stephen A Schwarzman from Blackstone.
“Landed in Washington DC. Over the following two days, might be assembly President Joe Biden, Vice-President Kamala Harris, Prime Ministers Scott Morrison from Australia and Yoshihide Suga from Japan,” he tweeted.
“Will attend the Quad assembly and would additionally work together with main CEOs to spotlight financial alternatives in India,” he mentioned.
Key agendas
The Prime Minister’s assembly with American CEOs from 5 completely different key areas is reflective of the priorities of his authorities.
Whereas Narayen displays the IT and digital precedence that the Indian authorities is pushing for, Modi’s assembly with Lall is important as Normal Atomics will not be solely the pioneer in army drone applied sciences but in addition the world’s high producer of state-of-the-art army drones, which the US shares solely with its key allies and companions.
India is within the strategy of procuring a major variety of drones for the three branches of its armed forces. It has additionally leased just a few drones from Normal Atomics.
Jakarta-born Vivek Lall, now based mostly out of California, for over a decade has been instrumental in main bilateral defence offers price round $18 billion, as India and the US take steps to forge a brand new relationship during which defence commerce is a key pillar.
The assembly with chip large Cristiano Amon assumes significance, given India’s push for the 5G know-how to be secure and safe.
The San Diego-based firm creates semiconductors, software program, and companies associated to wi-fi know-how.
A world chief in 3G, 4G, and next-generation wi-fi know-how improvements for greater than 30 years, Qualcomm is now pioneering its method to 5G with a brand new period of clever merchandise which can be revolutionising industries, together with automotive, computing, and IoT.
India is on the lookout for a significant funding from Qualcomm.
Solar energy
As India is taking gigantic steps in using solar energy to fulfill its power wants, the assembly with Mark Widmar is essential as First Photo voltaic is a number one international supplier of complete photovoltaic (“PV”) photo voltaic options, which use its superior module and system know-how.
Early this summer season, the Arizona-based firm introduced so as to add 3.3 GW of capability in a brand new facility in India at an estimated price of $684 million.
Stephen A Schwarzman is Chairman, CEO and Co-Founding father of Blackstone, one of many world’s main funding companies investing capital on behalf of pension funds, massive establishments and people.
In March this yr, Blackstone introduced that funds managed by Blackstone Actual Property have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group, in one in every of India’s largest logistics transactions.
[ad_2]
Source link