Prime Minister Narendra Modi, who visited America, talked to the CEOs of 5 big companies there. These include the CEOs of Qualcomm, Blackstone Group, Adobe, First Solar, General Atomics.
Modi told Cristiano Aman, CEO of the legendary American technology company Qualcomm, about the opportunities available in India. Qualcomm CEO expressed his desire to work together in many areas including 5G in India. The company's chipsets are a popular choice of consumers in terms of mobile gaming and 5G technology.
Qualcomm CEO said in a conversation with the PM that the company wants to work with the government to promote the Digital India campaign. Even in the conversation with the PM, the PLI schemes launched by the government to promote the production of electronics and telecom equipment were also mentioned.
Cristiano said after meeting Modi that it was a better experience. And Qualcomm's CEO said that we will be happy to work with India. Cristiano expressed his desire to make semiconductors with India. Modi said India has urged to partner with Qualcomm for the 5G sector.
The Prime Minister's Office said in a tweet, 'There was talk of great work on technology between Cristiano and Modi. Apart from 5G, Aman expressed his desire to work on many other initiatives related to Digital India. Foreign Ministry Spokesperson Arindam Bagchi said that they had talks to strengthen the innovation ecosystem.
Qualcomm is a multinational firm dealing in semiconductors, software, and wireless technology services. During the meeting, there can be talks about investment in India, 5G technology, and China.
Blackstone Group CEO Stephen Schwarzman in his meeting with the PM said that India has been the best market in the world for his group. He said that India is the fastest-growing country in the world, so he is very excited about the potential here for the group. It is a New York-based American Alternative Investment Management Company.
Schwarzman told the PM that Blackstone has already invested $60 billion in Indian assets. Schwarzman said his group plans to invest another $40 billion in India over the next five years.
The PMO said in the tweet that with Schwarzman, investment opportunities in India including investment opportunities arising out of the National Infrastructure Pipeline and National Monetization Pipeline were also discussed.
General Atomics CEO Vivek Lal said that there is a lot of potential in the areas we are talking about working. I think American companies will be looking at India as a country of potential. Lal said that we talked with the PM about the trust we are getting from technology and policy reforms taking place in India.
According to Arindam Bagchi's tweet, in his meeting with the CEO of General Atomics, Modi talked about promoting defense manufacturing in India, use of newly developing technology, and achieving production capacity.
It is an American defense and energy company focused on research and development. Last year, Lal took over as the CEO of this company. Lal's name is included in the world's famous scientists.
Mark Widmer, CEO of First Solar, expressed happiness over the Indian government's policies regarding environmental protection and related industries. The PM talked about the One World, One Sun, and One Grid campaign and the possibilities associated with the ambitious target of 450 MW renewable energy. Emphasizing manufacturing for solar energy, he said that companies in this sector can take maximum advantage of PLI schemes. Apart from manufacturing solar panels, this company provides services related to PV power plants.
After meeting with the PM, Adobe CEO Shantanu Narayan said that people are the biggest asset for the company. Narayan said that what drives education and digital literacy is beneficial to Adobe.
Narayan said, "We want that education should be given more emphasis and interest in it. One of the issues we talked about was continuing to invest in innovation, he said. He believes that technology has the potential to pave the way for progress.
Adobe is primarily a computer software company. It produces multimedia software. It is named after a stream named Adobe Creek located in Los Altos, California. This stream used to flow past the homes of the founders of the company. The company's logo was created by Marva Warnock, the wife of its founder, John Warnock, who is herself a graphic designer.
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