Modi pitches India story to top U.S. CEOs

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September 29, 2014

NEW YORK: Over a power-packed breakfast meeting with captains of 11 large American corporations, Prime Minister Narendra Modi on Monday pitched for big-ticket investments to develop India’s infrastructure and create more jobs and enhance the quality of life.

September 29, 2014

NEW YORK: Over a power-packed breakfast meeting with captains of 11 large American corporations, Prime Minister Narendra Modi on Monday pitched for big-ticket investments to develop India’s infrastructure and create more jobs and enhance the quality of life.

Prime Minister Narendra Modi during a breakfast meeting with American CEOs in New York on Monday.

The Prime Minister is believed to have pitched the India story in his interactions with the top executives, including PepsiCo CEO Indra Nooyi, Google Chairman Eric Schmidt and Citigroup chief Michael Corbat.

“India is open-minded. We want change. Change that is not 1 sided. Am discussing with citizens, industrialists & investors,” the spokesman of the Ministry of External Affairs Syed Akbaruddin tweeted, quoting the Prime Minister as saying.

“Infrastructure development is a big opportunity; it creates jobs & enhances quality of life of our citizens,” Mr. Modi told the CEOs.

Those present at the breakfast meeting also included Mastercard CEO Ajay Banga, Cargill’s President and CEO David W MacLennan, Caterpillar’s Douglas Oberhelman, AES’ Andres Gluski, Merck’s Kenneth Frazier, co-founder and co-CEO of Carlyle Group David Rubenstein, Hospira’s Michael Ball and Warburg Pincus’ Charles Kaye.

The breakfast meet was followed by one-on-one meetings with six CEOs of Boeing, KKR, BlackRock, IBM, General Electric and Goldman Sachs.


Courtesy: PTI

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