-Utkarsh Upadhyay
India’s growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs.
WASHINGTON: Prime Minister Narendra Modi today said India has now emerged as a business-friendly destination, more so with the upcoming implementation of landmark GST beginning next month, while asking CEOs of top US companies to invest in the country.
Modi, during his meeting with the CEOs of top 20 American firms, also said that India attracted the largest amount of foreign direct investment (FDI) as a result of the NDA government’s policies in the last three years.
In the round table interaction with the group that included Tim Cook of Apple, Sunder Pichai from Google, John Chambers from Cisco and Jeff Bezos of Amazon, he spoke about the reforms undertaken by his government, saying they numbered over 7,000, and were aimed at “ease of (doing) business and minimum government, maximum governance.”
“Interacted with top CEOs. We held extensive discussions on opportunities in India,” Modi tweeted after the meeting that lasted for about 90 minutes.
He said the world is now focused on India’s economy, especially in areas like manufacturing, trade, commerce, and people-to-people contact, due to a young population and a rising middle-class.
“The whole world is looking at India. 7,000 reforms alone by GOI for ease of (doing) business and minimum government, maximum governance,” Gopal Bagley, spokesman of the Ministry of External Affairs quoting the prime minister as saying.
India’s growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs.