PM Narendra Modi Meets with Top CEOs, Tells Them India Is Open for Business


BENGALURU: Prime Minister Narendra Modi has dined with over 50 CEOs of the Fortune 500 companies while continuing his pitch that India is open for business. The dinner event, organised by the prestigious Fortune magazine, was attended by some 47 top U.S. CEOs.

Modi has said governance reform is his number one priority, during a meeting with a group of top American CEOs with a collective net worth of USD 4.5 trillion.

“Reform in governance is my No 1 priority. We are for simplified procedures, speedy decision making, transparency and accountability,” Modi told over 40 CEOs of Fortune 500 companies over a dinner as he presented a page-long fact sheet of the steps taken by his government in the last one year.

Among the CEOs of Fortune 500 companies attending the event were Lockheed Martin, Chairman and CEO Marillyn Hewson, Ford President and CEO Mark Fields, IBM Chairman Ginni Rometty, Pepsi Co Chief Indra Nooyi, and Dow Chemical Chairman Andrew Liveris.

Some of the CEOs attending the dinner described it as  “report card,” adding that this reflected a great transparency of the Modi Government.

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Source: PTI