PM Modi Highlights: Prime Minister Narendra Modi invites US firms to invest in India. Listing out opportunities in energy, infrastructure, defence, agriculture, healthcare, etc, Narendra Modi said that now is the best time to invest in India. While speaking at India Ideas Summit on the theme ‘Building a Better Future’, PM Modi said while there are open markets and greater opportunities, why will the optimism left behind. In the summit hosted by the US-India Business Council, the Prime Minister further said that Indian and the US are two vibrant democracies with shared values. We are natural partners. Our partnership can help the world bounce back after the pandemic. Earlier, India’s minister of external affairs S Jaishankar said at the event that the US has to learn to work in a more multipolar world, with the more plurilateral relationship and go beyond the alliances of the last two generations. The Summit included discussions on areas including India-US cooperation and the future of the relation between the two counties in a post-pandemic world. The US Secretary of State Mike Pompeo said that the US and India are the oldest and most prosperous democracies in the world, and it’s important that such democracies work together. India is a rising US defense and security partner in the Indo-Pacific, he added.
Modi Highlights: ‘Come, invest in India, now is the best time’, PM Modi urges US firms; lists out areas of opportunities
PM Modi Highlights: Prime Minister Narendra Modi begins addressing India Ideas Summit. Natarajan Chandrasekaran, Chairman of Tata Sons, wins the USIBC Global Corporate Leadership award.
Written by FE News Desk
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This article was first uploaded on July twenty-two, twenty twenty, at twenty minutes past seven in the evening.
India is contributing towards a prosperous and resilient world through the clarion call of an Atmanirbhar Bharat. For that, we await your partnership: PM Modi
"There is global optimism towards India because it offers a perfect combination of openness, opportunities & options; India is emerging as a land of opportunities" - PM Modi
'India invites you to invest in finance and insurance. India has raised FDI cap for investment in insurance to 49%. Now 100% FDI is permitted for investment in insurance intermediaries' - PM Modi
Your influence and global perspectives on issues like trade, inclusive economic growth, digital commerce, and climate policy have created a vision for the future. We were honoured to host you at the India Ideas Summit - USIBC
There's nothing I would love more than a US India free trade agreement. Both countries are going to have to be flexible, and focus on the bigger win at the end of the road. - Nikki Haley
'The relationship between PM Modi and President Trump has strengthened, and it's important we continue to take that relationship forward.' - Nikki Haley, Former US Ambassador to the UN, Former Governor of South Carolina
The next 45 years are going to be even more exciting for the US-India relationship, and I think the USIBC will continue to play a critical role in that partnership - Myron Brilliant, EVP and Head of International Affairs, US Chamber of Commerce.
"India needs to have more legal reforms to speed up timelines of litigation; need to continue to build up infra including digital infra in India" - Jim Taiclet, CEO of Lockheed Martin
"Indian and the US are two vibrant democracies with shared values. We are natural partners. Our partnership can help the world bounce back after the pandemic." - PM Modi
"For the first time ever in India, there are more rural internet users than urban internet users. Half a billion total people connected in India. Opportunities in 5G, big data analytics, blockchain, IoT." PM Modi
The rise of India means the rise in trade opportunities with a nation you can trust - PM Modi
"There has never been a better time to invest in India. I thank USIBC and US leadership.", PM Modi
I firmly believe that our approach to the future must primarily be a more human centric one. It has taken a global pandemic to remind us how important resilience is - PM Modi
We are raising the FDI cap to 74 per cent in defence sector, come and invest in India - PM Modi urges US firms
PM Modi said that now is the best time to invest in India in the areas of agriculture, healthcare, energy, etc.
There are more rural internet users than urban internet users in India. There are about half a billion active internet users, connected people in India. - PM Modi
India celebrates openness in people and government; an open mind make open market which leads to greater prosperity. These are principles of growth fosters. - PM Modi
Restoration of health of financial institution and diversifying international trade is important - PM Modi
Prime Minister Narendra Modi begins addressing India Ideas Summit.
"Our engagement has expanded significantly, and our cooperation has moved across new frontiers. The visit of President Trump elevated our relationship to a comprehensive global strategic partnership." Taranjit Singh Sandhu, India Ambassador to the US.
Prime Minister Narendra Modi will soon deliver the keynote address at the India Ideas Summit.
Jim Taiclet, CEO of Lockheed Martin awarded USIBC Global Corp Leadership award
Natarajan Chandrasekaran, Chairman of Tata Sons has been awarded USIBC Global Corporate Leadership award.
"India has undertaken a series of reforms to improve the ease of doing business and attract investment. There is a bold vision for digital India. The initiative envisions India as a digitally empowered society." - SandhuTaranjit Singh, Indian Ambassador to the US.
"Despite the pandemic, despite the gyrations occurring in many parts of the world, the US-India relationship remains strong and vital" - Nelson Cunningham, President & Co-Founder, McLarty Associates.
Today’s USIBC stands not only as a champion for trade between US and India. Today’s USIBC is a champion of fundamental ties that binds us, the ties of shared values, of shared aspirations and a trusted partnership that will carry forward the ambitions of both nations and its people. - USIBC
USIBC is ready to help usher in the investment, build the factories and generate the opportunities that can expand the circle of opportunity and create inclusive growth.
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"HCL Technologies' philosophy is "think global, act local". HCL is building local delivery centers and creating jobs with local institutions and is focused on nurturing and hiring local talent to play important technology roles" - C Vijayakumar, President & CEO, HCL Technologies
"Partnerships between government and private sector and partnerships between private sector businesses in India. If we do this right and become more interdependent than independent, I think the future is very bright" - Thomas J. Donohue
"We know that the pandemic will dent economic growth, but in the face of that we're going to grow US-India engagement, investment and trade" Thomas J. Donohue
"What you're doing in the United States is very valuable to us"~Thomas J. Donohue, CEO, US Chamber of Commerce
There is a bond centered around talent, which is so central to our economy, to innnovation, to technology. In a globalised knowledge world, we need to create more resilient supply chains in which both of us participate. - S Jaishankar
"How do we, while strengthening our bilateral agenda, shape a larger agenda? US administrations have been moving in this direction and thinking about how to engage India more effectively" - S jaishankar
"US has to learn to work in a more multipolar world, with the more plurilateral relationship and go beyond the alliances of the last two generations" - Minister of External Affairs S Jaishankar
"We need to continue to increase trade between our two countries. Those numbers have gone up dramatically, but we need to reinforce that." - Mark Warner, Senator of Virginia
Never has been a better time for India than NOW as the sentiment against China is rising across the globe and every conglomerate looking to shift its bases out of China is searching for viable options. India can capitalise on this by attracting these investments to its shore. A lot of groundwork and change would need to be brought about for that to convert into reality starting from cutting red tapes to laying a red carpet. Focus should be on improving policies, increased infrastructure spending, increased spend on healthcare and skilling industry. - Ankit Shyamsukha, CEO, ICA Edu Skills
"Between India and the US, while we work through trade issues we need to think bigger" - India's External Minister S Jaishankar at India Ideas Summit
'International trade is an indispensable factor in the recovery plan. India is an important and growing partner in the mission of the free enterprise, and is on a substantial trajectory of business reforms.' - Myron Briliant, Executive Vice President and Head of International Affairs at US Chamber
"It was my pleasure to be a part of the India Ideas Summit as a member of the USIBC and talk about the importance of Mindfulness in business" - JetSynthesys Vice Chairman, MD & CEO Navani Rajan
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"We've invited PM Modi to the next G7, where we'll advance the international prosperity network," said Mike Pompeo.