PM Narendra Modi meets US Inc CEOs ahead of India investment plans, ET EnergyWorld

New Delhi: Prime Minister Narendra Modi on Wednesday held a series of meetings with top US chief executives including with General Electric CEO H Lawrence Culp Jr ahead of the company’s announcement on Thursday to make jet engines in India. The meetings were an effort to bolster US business confidence to invest in India’s manufacturing sector.

In his meeting with the GE CEO in Washington, the PM appreciated the company for its long-term commitment to manufacturing in India. He invited the US firm to play a greater role in aviation and renewable energy sector in India, besides discussing prospects of improving technology collaboration to promote manufacturing, according to an official.

In a separate meeting with Sanjay Mehrotra, CEO of Micron, also in Washington, Modi discussed at length the prospects of boosting semiconductor manufacturing in India. He invited Micron Technology, which is facing a difficult time these days with China, to invest in India. He emphasised that India can provide competitive advantages in various parts of the semiconductor supply chain.

In another meeting, the PM also invited Applied Materials for development of process technology and advanced packaging capabilities in India. The Prime Minister and Gary E Dickerson, president and CEO of Applied Materials, discussed potential of the company’s collaboration with academic institutions in India to create skilled workforce, an official said.

  • Published On Jun 23, 2023 at 08:09 AM IST

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