By Lalit K Jha
Washington: Prime Minister Narendra Modi has said he will highlight economic opportunities in India during his meetings with CEOs here.
On Thursday, the prime minister is due to hold one-on-one meetings with America’s top five CEOs.
Two of them are American Indians – Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The other three being Cristiano E Amon of Qualcomm, Mark Widmar of First Solar and Stephen A Schwarzman of Blackstone.
“Landed in Washington DC. Over the next two days we will meet with President Joe Biden, Vice President Kamala Harris, Australian Prime Ministers Scott Morrison and Yoshihide Suga of Japan,” he tweeted.
“He will attend the Quad meeting and also interact with key CEOs to highlight the economic opportunities in India,” he said.
The Prime Minister’s meeting with US CEOs from five different key areas reflects his government’s priorities.
While Narayen reflects the IT and digital priority that the Indian government advocates, Modi’s meeting with Lall is important as General Atomics is not only the pioneer of military drone technologies, but also the world’s leading manufacturer of advanced military drones. . , which the United States only shares with its main allies and partners.
India is in the process of procuring a significant number of drones for the three branches of its armed forces. He also leased a few drones from General Atomics.
Vivek Lall, born in Jakarta and now based in California, for more than a decade has been instrumental in major bilateral defense deals worth around $ 18 billion, as India and the United United States is taking steps to forge a new relationship in which defense trade is a key pillar.
The meeting with chip giant Cristiano Amon is growing in importance, given pressure from India to make 5G technology safe and secure.
The San Diego-based company creates semiconductors, software and services related to wireless technology.
A global leader in 3G, 4G and next-generation wireless technology innovations for more than 30 years, Qualcomm is leading the way in 5G with a new era of smart products that are revolutionizing industries including automotive, IT and business. IoT.
India is looking for a major investment from Qualcomm.
As India takes gigantic steps in using solar power to meet its energy needs, meeting Mark Widmar is important as First Solar is a leading global provider of complete solar photovoltaic solutions (“PV “), which use its advanced module and system technology.
Earlier this summer, the Arizona-based company announced the addition of 3.3 GW of capacity at a new facility in India at an estimated cost of $ 684 million.
Stephen A. Schwarzman is President, 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 of this year, Blackstone announced that funds managed by Blackstone Real Estate had acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group, in one of the largest logistics transactions in India.