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Use 'Startup India' platforms, Modi urges global honchos

Use Prime Minister Narendra Modi with the CEOs at a Roundtable in New York on Wednesday
Highlights

Prime Minister Narendra Modi has urged global CEOs and top American executives to leverage the 'Startup India' innovation platforms to formulate solutions for the entire world on challenging issues like nutrition and waste management.

New York : Prime Minister Narendra Modi has urged global CEOs and top American executives to leverage the 'Startup India' innovation platforms to formulate solutions for the entire world on challenging issues like nutrition and waste management.

Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi on Wednesday stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.

Modi emphasised the development of tourism, plastic recycling and waste-management initiatives, and to enhance the business of MSMEs, especially those which create more opportunities for farmers and agriculture.

"Captains of industry interact with PM Narendra Modi in New York. The extensive agenda includes harnessing investment opportunities in India and boosting commercial linkages between India and USA," the PMO said in a tweet.

The CEOs appreciated the efforts made by India in striving towards ease of doing business and many reforms that have led to a conducive environment for investors. They also lauded Modi for taking strong decisions and making India more investor-friendly.

"The leaders also mentioned that their companies remained committed to the growth story of India and, on the back of this, continued to grow their footprint in India," an official statement said after the meeting.

The CEOs briefly outlined their specific plans in India and put forth recommendations to aid India's efforts towards skill development, Digital India, Make in India, inclusive growth, green energy and financial inclusion.

The companies that participated in the roundtable had a combined net worth of USD 16.4 trillion, of which their net worth in India is USD 50 billion.

The CEOs Roundtable was attended by IBM Chairman, President and CEO Ginni Rometty, President and CEO of Walmart Douglas McMillon, Chairman and CEO of Coca-Cola James Quincey, Lockheed Martin CEO Marillyn Hewson, JP Morgan Chairman and CEO Jamie Dimon, and others.

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