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Business

Updated on: Thursday, May 30, 2019, 12:40 AM IST

India means business, Modi tells global CEOs

This handout photo taken on January 22, 2018 and released by the Indian Press Information Bureau (PIB) shows Indian Prime Minister Narendra Modi (L) meeting with Swiss President Alain Berset.
Indian Prime Minister Narendra Modi is to deliver the first keynote speech of the WEF in the Swiss resort, bookending a week that will climax in an address by US President Donald Trump, a year after he took office on a populist platform that demonised the globalist Davos crowd. / AFP PHOTO / PIB / - / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT

This handout photo taken on January 22, 2018 and released by the Indian Press Information Bureau (PIB) shows Indian Prime Minister Narendra Modi (L) meeting with Swiss President Alain Berset. Indian Prime Minister Narendra Modi is to deliver the first keynote speech of the WEF in the Swiss resort, bookending a week that will climax in an address by US President Donald Trump, a year after he took office on a populist platform that demonised the globalist Davos crowd. / AFP PHOTO / PIB / - / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / PIB" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - |

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Davos : Prime Minister Narendra Modi has told top CEOs that India means business and that the subcontinent presents an exciting opportunity for multi-national companies (MNCs). Addressing a roundtable meeting on the sidelines of the World Economic Forum (WEF) gathering in the Swiss resort town, on Monday, Modi narrated India’s growth story to the bosses of the world’s leading firms.

 The Prime Minister was accompanied by several bureaucrats including the Secretary (Economic Relations) at the External Affairs Ministry, Vijay Gokhale, Foreign Secretary Jai Shankar and the Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek. With the tagline of ‘India Means Business’, the roundtable hosted 40 CEOs of global companies and 20 from India. The PM’s Office, in a tweet, said: “In Davos, PM @narendramodi interacted with top CEOs. He spoke about India’s economic development and the investment opportunities in the nation.” MEA spokesperson Raveesh Kumar tweeted that Modi presented exciting opportunities for global businesses in the subcontinent.

  Modi also met Swiss President Alain Berset on Monday and discussed ways to deepen bilateral ties. Berset said that discussions marked the meeting of the biggest and the oldest democracies in the world. Berset also said he will continue to strengthen “relations” with India. Modi is the first Indian Prime Minister to attend the Davos Summit in 20 years.

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Published on: Wednesday, January 24, 2018, 12:15 AM IST
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