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Modi invites Indian-American business leaders to India

By Priyanka Tikoo
September 28, 2014 20:25 IST
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A stable business environment and investment in human resources are some of the issues highlighted by a group of Indian-American corporate leaders during a meeting with Prime Minister Narendra Modi who invited them to come to India and teach business and entrepreneurship.

In the over one hour-long meeting at a hotel where Modi is staying, the distinguished Indian-Americans discussed with him ways to enhance their contribution in human resource development and research activities.

The group of around 10 top Indian-Americans including Chairman and CEO of Symphony Technology group Romesh Wadhwani, Cognizant CEO Francisco D'Souza, President and CEO of Adobe System Shantanu Narayen, President, University of President Houston Renu Khator, Harvard Business school Dean Nitin Nohria, CEO Harman International Inc Dinesh Paliwal, Corporate Vice President of Microsoft's Developer Division S Somasegar and President of Carneig Mellon University Subra Suresh.

Official sources said they were very upbeat about opportunities for growth in India and made various suggestions about possible avenues for consideration. They also spoke about usual requirements for stable business environment and need for investing in human resources in India.

Emphasising on his ambitious 'Make in India' as well as the 'My Govt Digital Platform' projects, Modi spoke about the importance he places on the digital initiatives and innovations as well as research.

He invited them to come to India and teach during their vacations.

Before he embarked on the US trip, Modi launched the 'Make in India' campaign rolling out a red carpet to industrialists, both domestic and international, inviting them to make India a manufacturing hub that will help boost jobs and growth.

The My Govt Digital Platform initiative was launched in July with an aim to help citizens contribute in governance by giving their opinions and views on important issues. There are multiple theme-based discussions on 'MyGov' where a wide range of people can share their thoughts and ideas.

For those who wish to go beyond discussions and wish to contribute on the ground, MyGov offers several avenues to do so. Citizens can volunteer for various tasks and submit their entries.

Keen to attract investment to India, Modi would be meeting as many as 11 top corporate honchos over breakfast tomorrow.

They include Google Executive Chairman Eric E Schmidt, Carlyle Group, Co-Founder and Co-CEO David M Rubenstein, Cargill President and CEO David W MacLennan, Merck & Co CEO Kenneth C Frazier Hospira Chairman John C Staley Citigroup CEO Michael L Corbat, Caterpillar Chairman and CEO Dough Oberhelman, MasterCard President and CEO Ajay Banga, Pepsico Chairman and CEO Indra Nooyi.

The Prime Minister would also be having one-on-one meetings with six other senior executives. Besides Goldman Sachs Chairman and CEO Lloyd C Blankfein, Modi would be meeting Boeing Chairman and CEO W James McNerney Jr, BlackRock Chairman and CEO Laurence D Fink, IBM Chairman and CEO Ginni Rometty, General Electric Chairman and CEO Jeff Immelt, among others.

He will participate in a business meet, to be organised by USIBC, that is expected to be attended by 300-400 businessmen in Washington on September 30.

In his address at the 69th session of the UN General Assembly, Modi on Saturday called for a more stable and inclusive growth and stressed that it require a genuine international partnership.

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