Modi US Visit: Modi Invites Top US Companies To Invest In India

Paterniano Del Favero
Giugno 27, 2017

The Prime Minister spoke of the recent reforms, and noted that the Union government alone has initiated 7000 reforms. "PM was looking for insights into how India can attract more foreign investment, many good ideas discussed", Pichai said. Speaking on the roll out of Goods and Service Tax, Pichai said he is looking forward to it as it it has been a very hard thing to do but he was excited to see what will happen. "We are all looking forward to the July 1 rollout". So, I am excited to see it happen.

GST will be rolled out on July 1, during a special midnight session of Parliament that will be held on the intervening night of June 30-July 1. The CEOs' Round Table was attended by Apple chief Tim Cook, Walmart head Doug McMillon, Chief Executive Officer of Amazon, Jeff Bezos, Google head Sundar Pichai and Microsoft's Satya Nadella.

The Indian Prime Minister, who is on a two-day visit to the U.S. capital, held a roundtable here with 21 top executives of American companies.

The landmark Goods and Services Tax (GST) that will come into effect in India from July 1 could be a subject of study in USA business schools, Prime Minister Narendra Modi said on Sunday.

Prime Minister Narendra Modi on the first day of his United States visit on Sunday met the CEOs of top 20 American firms, including Tim Cook of Apple, Sathya Nadella of Microsoft and Sunder Pichai of Google, and interacted wih them before highlighting his government's reforms to make India a destination for "Doing Business".

PM Narendra Modi stressed upon the cooperation for start-ups, Make in India, "innovation and tapping huge intellectual, education and vocational training potential in India". "American companies have a great opportunity to contribute", a separate tweet quoted Modi as telling the CEOs.

Meanwhile, the CEOs reportedly praised Prime Minister Narendra Modi's effort for taking India's economy towards a digital path through demonetisation.

Trump will host Modi at the White House on Monday afternoon and the two leaders would spend about five hours together in various settings beginning with their bilateral discussion, delegation level talks, a reception and a working dinner, the first of its kind hosted by this administration. Official sources said that the leaders are likely to discuss 2008 civil nuclear deal, however, agreement on nuclear reactor projects are unlikely.

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