New York: The CEOs present at the meeting with Prime Minister Narendra Modi included Lockheed Martin chairman and CEO Marillyn Hewson, Ford president and CEO Mark Fields, IBM chairman Ginni Rometty, Pepsi Co chief Indra Nooyi and Dow Chemical chairman Andrew Liveris.
During the ‘Roundtable with American Inc’, the Prime Minister listened to each one of the CEOs present in the room about their concerns and plans for India and how these issues can be resolved, he said.
Inviting the US companies to set up manufacturing units in India, Mr Modi told them, “Reform in governance is my No 1 priority. We are for simplified procedures, speedy decision making, transparency and accountability.”
He also listed the sectors that have been opened up in India for investment and said that, “FDI all over the world has fallen, but in India it has increased by 40 per cent.”
“This reflects confidence in the Indian economy,” Mr Modi said while interacting with the CEOs from the manufacturing and infrastructure sectors.
Briefing about the day-long interactions, Indian Ambassador to the US Arun K. Singh said there were some suggestions made about “additional steps that can be taken in terms of ease of doing business”.
