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  • Modi in US: American CEOs with whom Prime Minister is meeting in Washington today

Modi in US: American CEOs with whom Prime Minister is meeting in Washington today

In order to propel investment into India from United States shores, Prime Minister Narendra Modi will on Thursday hold a business round table with the global CEOs in Washington, DC and will also meet select CEOs one and one.

3 Min read
Anish Kumar
Published : Sep 23 2021, 06:52 PM IST| Updated : Sep 23 2021, 07:29 PM IST
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Image: Prime Minister Narendra Modi. Photo: PIB Photo

Image: Prime Minister Narendra Modi. Photo: PIB Photo

In order to propel investment into India from United States shores, Prime Minister Narendra Modi will on Thursday hold a business round table with the global CEOs in Washington, DC and will also meet select CEOs one and one.

After arriving in Washington, DC on Wednesday, Prime Minister Narendra Modi had said he would interact with the leading CEOs to highlight economic opportunities in India. Among the business leaders whom Prime Minister Modi will be meeting include heads of Qualcomm, Adobe, First Solar, General Atomics and Blackstone.

Let us take a look at the CEOs the prime minister is meeting today.

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Image: Vivek Lall, General Atomics CEO

Image: Vivek Lall, General Atomics CEO

Vivek Lall from General Atomics

Vivek Lall is the CEO of General Atomics, which makes predator drones. India plans to acquire 30 predator drones to enhance its military capabilities along with the bordering areas with China and Pakistan. Currently, the Indian Navy is using two MQ-9 predator drones. 

General Atomics is one of the world's largest privately held nuclear and defence companies. The company provides electro-optical, radar and signals intelligence, and automated airborne surveillance systems and produces a series of unmanned aircraft. 

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Image: Qualcomm Incorporated CEO Cristiano E Amon

Image: Qualcomm Incorporated CEO Cristiano E Amon

Cristiano E Amon from Qualcomm

Cristiano Amon heads chip making giant Qualcomm Incorporated, and also serves on the Company's board of directors. 

Prime Minister Modi’s meeting with the Qualcomm CEO assumes significance as India has been pushing for the 5G technology and wants it to be safe and secure. 

Also Read: Experts say PM should outline future of Indian policy direction in South Asia

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Image: Adobe CEO Shantanu Narayen

Image: Adobe CEO Shantanu Narayen

Shantanu Narayen from Adobe

Prime Minister Modi will also be meeting Shantanu Narayen, who heads Adobe -- one of the largest and most diversified software companies in the world. The Adobe Chairman, President and chief executive officer is a recipient of India's civilian honour Padma Shri in 2019. 

Adobe reported third-quarter financial results on Tuesday that exceeded forecasts. For its fiscal third quarter, the California-based firm announced a net income of $1.21 billion.

Also Read: Schedule packed with meetings with Biden, Harris, QUAD leaders, American CEOs and UNGA 

Also Read: After a decade, India and Australia may finalise free trade agreement next week

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Image: Blackstone CEO Stephen A Schwarzman

Image: Blackstone CEO Stephen A Schwarzman

Stephen A Schwarzman from Blackstone

Another prominent industrialist that Prime Minister Modi will be meeting is Blackstone Chairman, CEO and Co-founder Stephen A Schwarzman. The company invests on behalf of pension funds, large institutions and individuals.

The group has acquired an industrial park in India.

Also Read: PM says US visit will consolidate ties with strategic partners

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Image: First Solar CEO Mark Widmar

Image: First Solar CEO Mark Widmar

Mark Widmar from First Solar

First Solar is a leading provider of photovoltaic solar solutions across the world. A few months ago, the company had announced that it will generate 3.3GW power of capacity from a new facility in India at the cost of $684 million. 

Solar power is a fast-developing industry in India. As of August 31, India's installed solar power capacity was 44.3GW. In 2015, the solar capacity target was revised to 100GW (including 40GW from rooftop solar panels) by 2022. India seeks investment from abroad in the sector.

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About the Author

AK
Anish Kumar
Anish Kumar reports on defence, national security and diplomacy at Asianet Newsable. In the past, Anish has extensively written on business, economic affairs and politics.In his 13 years of career, he worked with several publications, including United News of India and Times of India. He has been working at Asianet Newsable since January 2021.As part of his job, Anish has travelled extensively across the country to report on elections, military and border infrastructures.
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