On the first day of his US visit, Prime Minister Narendra Modi began his engagements in New York with a round table on financial sector with about 15 business leaders of US. CEOs of several FIIs including JP Morgan Chase, Blackstone and AIG were among the prominent participants in the event.<br/><br/>Briefing media after the meeting, MEA Spokesperson Vikas Swaroop said that the CEOs interacted with the Prime Minister and gave their feedback on their experiences of investing in India. He said the CEOs appreciated the steps taken by the government for improving ease of doing business and reforms in financial sector. Mr. Swaroop said that the CEOs were bullish about the growth prospects of India. The participating business leaders also raised concerns about procedural delays and bankruptcy laws in India.<br/><br/>The spokesperson said that the Prime Minister underlined the immense opportunities that India offers for investment as the government has undertaken an ambitious programme of development of infrastructure. He invited private sector participation in the development of railway infrastructure. He also promised to remove procedural bottlenecks in investment.<br/><br/>Later, Mr. Modi is scheduled to meet his counterpart from Bangladesh, Sheikh Hasina and President of Guyana, David Granger. He will also participate in a round table on 'Media, Technology and communications- Growth Story for India' which will see participation of about 15 CEOs of top media firms including Mr Rupert Murdoch. The Prime Minister will interact with about 45 top business leaders of US over dinner.
News On AIR | September 24, 2015 8:43 PM
PM Modi meets US business leaders, CEOs of media firms in New York