PM meets leading US CEOs, extends its invitation for big investments in new tech

The first meeting was held with the President and CEO of Qualcomm, Cristiano Amon

In the first leg of fhe Prime Minister Narendra Modi's to United States visit on Thursday, he met leading American CEOs in Washington.

 

Modi held one-on-one meetings with the CEOs of semiconductor and wireless tech manufacturer Qualcomm, software giant Adobe, renewable energy company First Solar, arms manufacturer General Atomics and investment management firm Blackstone.

 

The first meeting was held with the President and CEO of Qualcomm, Cristiano Amon.

 

The PMO on Twitter had informed, "President and CEO of @Qualcomm, @cristianoamon and PM @narendramodi had a productive interaction. PM Modi highlighted the vast opportunities India offers. Mr. Amon expressed keenness to work with India in areas such as 5G and other @_DigitalIndia efforts."

 

Cristiano Amon said he talked about 5G and acceleration of 5G with Indian PM Narendra Modi.

 

Amon said, "We talked about the incredible opportunity to advance the industry, as we think about the digital transformation enabled by 5G combined with the design in India."

 

Qualcomm's chief said that the company may look at India as it builds a strong supply chain for semiconductors if significant infrastructure are provided in the nation.

 

PM Narendra Modi's meeting with Amon is important as India is looking at fast adoption of 5G technology in India for which it is viewing investment in this high technology area from credible partners who can provide safe and secure networks chains.

 

Qualcomm is based at San Diego that creates semiconductors, software and services related to wireless technology and is growing big into 5G technology with its range of pioneering products.

 

It is anticipated that high-level meetings would track big investment in the new technology region that is necessary to help the country leapfrog to provide its citizens with the next generation of networking services.

 

The PM Modi also met Shantanu Narayen who is the Chairman, President and CEO, Adobe. The discussions aimed on leveraging tech to provide smart education to the youth and enhance research.

 

They both were also discussing the vibrant startup sector in India, powered by the youngsters of the country.

 

Narayen said after the meeting that the firm intends to continue to invest heavily in India.

 

The CEO of FirstSolar, Mark Widmar, also called on Narendra Modi. During the meeting, Modi explained county's efforts to harness solar energy, also including the 'One world, One sun and One grid' initiative and investment opportunities in the sector.

 

PM Narendra Modi's conversation with Vivek Lall of General Atomics Global Corporation hovered around India's step in drone technology, including the reforms and the PLI scheme.

 

India is in the process of puchasing a significant number of drones for the three branches of its armed forces and has also hired a few drones from General Atomics.

India Scanner News Network

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