India Inc, US business leaders meet in New York amid Narendra Modi visit

Written by ENS Economic Bureau | New Delhi | Updated: Sep 28 2014, 14:49pm hrs
Narendra ModiPrime Minister Narendra Modi greets delegations after addressing the 69th United Nations General Assembly. (PTI)
With Prime Minister Narendra Modis trip to the US expected to renew bilateral ties, top industry leaders from the two countries met in New York at a reception hosted by the Confederation of Indian Industry (CII) on Friday.

Amidst the current wave of optimism and promising developments surrounding India- US ties in recent months, over 250 people joined in the India Reception to celebrate the bilateral partnership and to reaffirm the commitment to collaboration, as the two countries enter a new phase of bilateral cooperation, said a CII release. The reception was attended by US and Indian business delegates and senior representatives of the US government.

India Inc leaders included Ajit Gulabchand, CMD, Hindustan Construction Company, Rajiv Modi, CMD, Cadila Pharmaceuticals and CII president Ajay Shriram.

Meanwhile, a delegation of 60 companies led by industry chamber Ficci visited the US from September 22-26 to explore multi-sectoral innovation and technology-led opportunities. The delegation included Saurabh Srivastava, chairman, Steria, Yogesh Andlay, co-founder, Nucleus Software and Polaris Financial Technology and representatives from firms including Nikon Electronics, Hindustan Organic Chemicals and Century Pharmaceuticals.

The objective of the visit was to interact and network with US companies and the investor fraternity to explore opportunities for collaboration and investment, Ficci said in a release on Saturday adding that this is an annual exercise planned for the next five years.