Prime Minister Narendra Modi on his visit to the United States of America, met with the officials from the top 20 companies in the United States. He said that India has emerged as a business-friendly destination for companies to expand their businesses in the country with the implementation of the GST from July 1. He asked the companies to invest further in the rising economy of India, telling them about the benefits in regard to Indian government’s NDA policies in the last 3 years and also said that India has attracted the largest amount of foreign direct investment since his government came into power.

Modi held a round table conference with some of the top officials including Apple’s CEO Tim Cook, SundarPichai of Google, John Chambers of Cisco and Amazon founder Jeff Bezos. Modi has highlighted the point that his government has brought about 7,000 reforms, all aimed at making the ongoing of businesses with ease, with minimum government and maximum governance. His meeting with the CEOs lasted about an hour and a half and he tweeted after the meeting that he held extensive conversations with the top CEOs on business opportunities in India. He also said that India has become the focus of the world in matters of a rising economy and his phrase ‘minimum government, maximum governance’ has been repeated over and over again by spokespersons. India’s rising economy is attributed to areas like manufacturing, trade and commerce and factors like a young population and rising middle class.

Prime Minister Modi told the CEOs that Indian growth is a win for America too and this is a golden opportunity for American companies to be a part of the history-in-making. He has also stressed upon the fact that American progress comes with India being a beneficiary too. Modi has a strong belief in the GST and he even goes on to say that the system is so complex and efficient that it might be taught in American business schools in the coming future. Prime Minister Modi is working hard to improve the quality of life of the people and his initiative requires a global partnership. A spokesperson for the Prime Minister has revealed that the CEOs have appreciated Modi’s initiatives towards demonetization and digitalization of economy and the GST and also expressed their support for projects like ‘Make in India’, ‘Digital India’, and ‘Start Up India’.

While subjects like infrastructure, defense manufacturing, and energy security made their way to the discussion, the topic of H-1B visa was not discussed at the meeting. SundarPichai told reporters after the meeting that they were excited about investing in India and Tim Cook just said ‘Good’ as he emerged from the meeting.

Load More By Zim Taylor
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

What Is Contingency Planning: Importance of Contingency Planning

Table of Contents Introduction of Contingency planningImportance of contingency planning&#…