Modi Highlights: ‘Come, invest in India, now is the best time’, PM Modi urges US firms; lists out areas of opportunities

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Updated: July 22, 2020 10:38:07 pm

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.

Narendra modi live, pm, prime minister, india ideas summit speech, usibc, us india ties, coronairus strategy In the summit hosted by the US-India Business Council, there will be a high-level presence from Indian and US government policymakers, state-level officials, and thought leaders from business and society.

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.

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Highlights

    22:36 (IST)22 Jul 2020
    India moves forward on clarion call of Atma Nirbhar Bharat

    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

    22:34 (IST)22 Jul 2020
    India is emerging as a land of opportunities

    "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

    22:33 (IST)22 Jul 2020
    India offers 100% FDI in insurance intermediaries

    '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

    22:04 (IST)22 Jul 2020
    PM Modi's vision on global perspectives aims for a better future

    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

    21:46 (IST)22 Jul 2020
    US-India need to be flexible, have free trade agreement

    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

    21:37 (IST)22 Jul 2020
    Friendship of PM Modi and President Trump has strengthened

    '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 

    21:35 (IST)22 Jul 2020
    Next 45 years going to be even more exciting for the US-India relationship

    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.

    21:30 (IST)22 Jul 2020
    India needs more legal reforms to speed up timelines of litigation

    "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

    21:26 (IST)22 Jul 2020
    India and US are natural partners

    "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

    21:22 (IST)22 Jul 2020
    PM Modi lists out opportunities in 5G, big data analytics, blockchain, IoT

    "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

    21:22 (IST)22 Jul 2020
    PM Modi says the rise of India means the rise of trade opportunities with a nation of trust

    The rise of India means the rise in trade opportunities with a nation you can trust - PM Modi 

    21:17 (IST)22 Jul 2020
    Never been a better time to invest in India

    "There has never been a better time to invest in India. I thank USIBC and US leadership.", PM Modi

    21:13 (IST)22 Jul 2020
    It has taken a global pandemic to remind us how important resilience is - 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

    21:12 (IST)22 Jul 2020
    PM Modi urges US firms to invest in defence sector

    We are raising the FDI cap to 74 per cent in defence sector, come and invest in India - PM Modi urges US firms

    21:09 (IST)22 Jul 2020
    PM Modi invites US firms to invest in India

    PM Modi said that now is the best time to invest in India in the areas of agriculture, healthcare, energy, etc. 

    21:07 (IST)22 Jul 2020
    PM Modi says there are half a billion internet users in India

    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

    21:05 (IST)22 Jul 2020
    Open mind make open market which leads to greater prosperity - 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

    21:04 (IST)22 Jul 2020
    PM Modi lists out importance of financial institution, trade

    Restoration of health of financial institution and diversifying international trade is important - PM Modi

    21:03 (IST)22 Jul 2020
    PM modi speech begins

    Prime Minister Narendra Modi begins addressing India Ideas Summit. 

    21:00 (IST)22 Jul 2020
    President Trump's visit elevated India-US frienship

    "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. 

    20:55 (IST)22 Jul 2020
    PM Modi's speech soon

    Prime Minister Narendra Modi will soon deliver the keynote address at the India Ideas Summit.  

    20:45 (IST)22 Jul 2020
    CEO of Lockheed Martin wins USIBC Global Corp Leadership award

    Jim Taiclet, CEO of Lockheed Martin awarded USIBC Global Corp Leadership award

    20:45 (IST)22 Jul 2020
    Natarajan Chandrasekaran wins USIBC Global Corporate Leadership award

    Natarajan Chandrasekaran, Chairman of Tata Sons has been awarded USIBC Global Corporate Leadership award. 

    20:43 (IST)22 Jul 2020
    India has improved ease of doing business and attract investment

    "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.

    20:39 (IST)22 Jul 2020
    US-India relationship remains strong and vital even amid pandemic-led disruptions

    "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.

    20:36 (IST)22 Jul 2020
    Today’s USIBC is a champion of fundamental ties that binds US-India, the ties of shared values, of shared aspirations

    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

    20:31 (IST)22 Jul 2020
    Ready to investment, build factories - 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. 

    20:28 (IST)22 Jul 2020
    HCL is building local delivery centers and creating jobs with local institutions

    ."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

    20:25 (IST)22 Jul 2020
    Need to become more interdependent than independent

    "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

    20:19 (IST)22 Jul 2020
    US-India engagement to grow strong even amid pandemic

    "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

    20:16 (IST)22 Jul 2020
    India's role is important for United States

    "What you're doing in the United States is very valuable to us"~Thomas J. Donohue, CEO, US Chamber of Commerce

    20:11 (IST)22 Jul 2020
    Need to create more resilient supply chains in which both countries can participate

    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

    20:06 (IST)22 Jul 2020
    S Jaishankar questions bilateral agenda

    "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

    20:03 (IST)22 Jul 2020
    US has to learn to work in a more multipolar world - 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

    20:00 (IST)22 Jul 2020
    India and US need to increase trade, said Senator of Virginia 

    "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 

    19:56 (IST)22 Jul 2020
    Focus should be on improving policies, increased infrastructure spending, increased spend on healthcare and skilling industry

    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

    19:55 (IST)22 Jul 2020
    Need to think big - S Jaishankar

    "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

    19:52 (IST)22 Jul 2020
    India is an important and growing partner in the mission of the free enterprise

    '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

    19:46 (IST)22 Jul 2020
    Importance of Mindfulness in business discussed in India Ideas Summit

    "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 .

    19:43 (IST)22 Jul 2020
    US will advance international prosperity network with India in next G7

    "We've invited PM Modi to the next G7, where we'll advance the international prosperity network," said Mike Pompeo. 

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