NaMo Meets $4.5 Trillion Club of Fortune 500 CEOs
PM Narendra Modi is on a five day visit to the United States of America. Here is a wrap up of Day 1.
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Modi’s first day in New York has come to a close. Do watch this space for more updates through the rest of his visit.
On Day 1, the Prime Minister has received encouraging responses and feedback in his meeting with the CEOs of Fortune 500 companies.
According to Rakesh Yadav, the CEO of Sigma-Aldrich, the meeting was constructive and “optimistic.”
John Rice, the CEO of General Electric (GE), concurred.
The CEO of Marriott International, Arne M Sorenson, lauded Modi’s desire to see India perform better.
Modi Stresses Reform Agenda
The Ministry of External Affairs (MEA) said that media companies present at the meeting with the Prime Minister agreed that India presented a huge market for them. CEOs were of the view that the changes the PM is making to ease business should be accelerated.
Modi stressed that reforms remain his highest priority. He said that although foreign direct investments (FDI) all over the world have fallen, investments in India have increased.
Modi has invited the President of Guyana and the Prime Ministers of St. Vincent and the Grenadines to visit India. The MEA said that the President of Guyana and Modi discussed the state of bilateral relations between the two countries in the meeting.
Top CEOs call on Prime Minister Modi
Prime Minister Modi met with CEOs of Fortune 500 companies at a special event ahead of the United Nations General Assembly (UNGA) meeting in New York.
President Granger of Guyana Meets NaMo
Prime Minister Modi met President David A. Granger of Guyana on the sidelines of the United Nations General Assembly in New York, USA.
NaMo Meets CEOs From the US Media Sector
Ministry of External Affairs sources have said that, at his roundtable meeting on ‘Media, Technology & Communications-Growth Story for India’ with CEOs of the Media sector in the US, Prime Minister Modi highlighted India’s commitment to protect IPR and said it was essential in order to foster creativity.
Urged CEOs To Invest in India: Modi
Prime Minister Narendra Modi today met eight CEOs and urged them to invest in India in various sectors. He took to his Twitter account to say how the “CEOs were very interested in India’s start-up sector.”
Narendra Modi, Saint Vincent and the Grenadines PM Meet
After meeting Bangladesh PM Sheikh Hasina, Narendra Modi now meets Saint Vincent and the Grenadines PM Ralph Gonsalves. MEA spokesperson Vikas Swarup tweets about this development.
Modi Meets Sheikh Hasina
Prime Minister Narendra Modi meets Bangladesh PM Sheikh Hasina for a bilateral session according to MEA spokesperson Vikas Swarup.
Sheikh Hasina landed in the city on Wednesday to attend the 70th United Nations General Assembly (UNGA) according to Bangladeshi news organisation, BDNews24.
Wall Street Heavyweights on Modi
JP Morgan
It was a great meeting with PM and very constructive as well. Indian Govt has already undertaken massive reforms and key message was to continue doing what you are doing.
— James Dimon, CEO, JP Morgan Chase
Blackstone
India has one of the highest levels of growth and has a pro reform government.
— Stephen A Schwarzman, CEO, Blackstone
New York State Common Retirement Fund
Overall I was very pleased with the comments of the PM,India is very attractive to us.
— Vikki Fuller, Chief Investment Officer, New York State Common Retirement Fund
Round Table With Money
Prime Minister Narendra Modi in a roundtable meeting with financial organisations.
The Wallstreet heavy-weights have made it to the meeting.
US and India are working together, we are seeing greater cooperation on counter terrorism. He (PM Modi) sees USA as a integral part of India’s domestic transformation.
— Dhruva Jaishankar, Transatlantic Fellow, German Marshall Fund of US
GDP growth last year was 7.3%. There has been a 40 % increase in FDI; WB, IMF & Moody’s say the eco climate is bound to improve further accelerating growth. PM @narendramodi speaks of efforts made during last 15 months for increasing invst in areas of taxation, infra & FDI.
— Prime Minister Narendra Modi
The PM is said to focus on various investment options for India during the meeting.
Vikas Swarup, Spokesperson of the Ministry of External Affairs, informed that the PM presented his vision for India to the CEOs of these US-based financial organisations.
PM asked CEOs to give a detailed note on the concerns they have.
— Vikas Swarup, MEA Spokesperson
70th Anniversary of United Nations
On September 25, PM Modi will be attending the United Nations Sustainable Development Summit from 25-27 September.
He will address a summit on 2030 Agenda for Sustainable Development Goals on September 25.
PM Modi to Meet Bangladesh PM Sheikh Hasina
Prime Minister Modi will meet Bangladesh Prime Minister Sheikh Hasina in New York City.
Sheikh Hasina landed in the city on Wednesday to attend the 70th United Nations General Assembly (UNGA) according to Bangladeshi news organisation, BDNews24.
Modi’s 5-day Itinerary
Surprisingly, a minute-by-minute agenda for his five-day visit to the US has not been circulated.
There have been several reports that the Ministry of External Affairs was kept out of the planning. As has now become normal practice, a lot of the information is only available on the PM’s personal website narendramodi.in.
Here’s what we know:
- Round table meeting with financial organizations including JP Morgan and Blackstone.
- Event by Time Magazine and Fortune, in collaboration with Department of Industrial Policy and Promotion; will meet major CEOs from the Fortune-500 companies including Lockheed, Ford IBM, PepsiCo, GE, Boeing and MasterCard.
- Round table meeting on media, technology and communications.
- Bilateral meeting with David A Granger, President of South American country of Guyana.
- Address UN’s summit 2030 Agenda for Sustainable Development Goals and hold talks with G-4 leaders on the reforms in the United Nations Security Council.
- Attend summit hosted by President Barack Obama on peacekeeping forces.
- Townhall Q&A at Facebook Headquarters with Mark Zuckerberg at San Francisco.
- Visit to companies like Google, Apple and Tesla in West Coast, the start-up hub of America.
- Participate in a special India-US Start-Up Connect programme. Interact with Indian diaspora in San Jose.
Modi in America: Day One
Good evening. We’re kicking off our live coverage of Prime Minister Narendra Modi’s much-anticipated visit to the US, his second since his elevation as PM in 2014.
PM Modi will be dividing his time between New York and California and will be looking to sew up a number of deals, and we’ll be bringing you all the action.
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