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Home Business automobiles

Ahead of VGGS, PM Modi discusses industry issues, investment opportunities with top CEOs

by NavJeevan
1 year ago
in automobiles, Aviation, Banking, Breaking News, Business, Companies, consumers, Energy, energy/power, Gandhinagar, Information Technology, Insurance, Maritime/Shipping, mining, MSMEs, National, Pharma, Ports, postings & promotions, railways, Real Estate, Roadtransport, Startups, Telecom, textile
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Ahead of VGGS, PM Modi discusses industry issues, investment opportunities with top CEOs
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R ARIVANANTHAM
GANDHINAGAR, JAN 9

A day before inaugurating the Vibrant Gujarat Global Summit on Wednesday, Prime Minister Narendra Modi, on Tuesday, met some of the top global CEOs as he lured investments across sectors to boost the economy and create jobs.

He met executives of Suzuki Motor Corp, Micron Technology and AP Moller and discussed industry issues and investment opportunities.

PM @narendramodi and Toshihiro Suzuki, Representative Director & President, Suzuki Motor Corp, had a meeting in Gandhinagar.

They discussed Maruti Suzuki's plans to make India a strong player in the global automotive market by exporting Made in India vehicles, along with… pic.twitter.com/7fYKNfV3g1

— PMO India (@PMOIndia) January 9, 2024

Modi and Toshihiro Suzuki, representative director & president, Suzuki Motor Corp, “discussed Maruti Suzuki’s plans to make India a strong player in the global automotive market by exporting Made in India vehicles, along with deploying global best practices related to vehicle scrapping and vehicle recycling into India,” the Prime Minister’s Office said in a post on X.

Mr. Sanjay Mehrotra, the President and CEO of Micron Technology, held a meeting with PM @narendramodi in Gandhinagar.

They discussed Micron's efforts to enhance the semiconductor manufacturing ecosystem in India. pic.twitter.com/9UqIgXBOeR

— PMO India (@PMOIndia) January 9, 2024

Maruti Suzuki is looking to set up a second car manufacturing plant in Gujarat. This will be the firm’s fifth plant in the country.

Keith Svendsen, CEO of A.P. Moller – @Maersk, met PM @narendramodi in Gandhinagar.

The PM welcomed their expansion plans in the GIFT City. Their discussions encompassed the crucial topics of green hydrogen and the development of logistics infrastructure. pic.twitter.com/Y5cR9RmPcl

— PMO India (@PMOIndia) January 9, 2024

US chip making giant Micron has started construction of a $2.75 billion semiconductor factory in Sanand, about 40-km from Ahmedabad. The plant, which will focus on transforming wafters into ball-grid arrays (BGA) integrated circuit packages, memory modules and solid-state drives, is expected to be ready by December this year.

PM @narendramodi had a meeting with @ssulayem, the Group Chairman & CEO of @DP_World, in Gandhinagar.

They discussed DP World’s plans to further bolster investment in India, especially pertaining to creating sustainable, green, and energy-efficient ports, and world class… pic.twitter.com/e7YDImZFk5

— PMO India (@PMOIndia) January 9, 2024

The prime minister also met Ahmed bin Sulayem, the Group Chairman & CEO of DP World. “They discussed DP World’s plans to further bolster investment in India, especially pertaining to creating sustainable, green, and energy-efficient ports, and world class sustainable logistic infrastructure,” the PMO said in another post.

DP World had last year signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat.

The Dubai-based logistics company currently operates five container terminals in India—two in Mumbai, one each in Mundra, Cochin and Chennai—with a combined capacity of approximately 6 million TEUs.

Modi also met Keith Svendsen, CEO of AP Moller.

“The PM welcomed their expansion plans in the GIFT City. Their discussions encompassed the crucial topics of green hydrogen and the development of logistics infrastructure,” the PMO said.

Deepening the bond between Delhi and Dili!

PM @narendramodi and President @JoseRamosHorta1 of Timor-Leste had a fruitful meeting in Gandhinagar.

Bilateral cooperation in a range of areas, including development partnerships in energy, IT, FinTech, health and capacity building,… pic.twitter.com/yjt3IWn1HF

— PMO India (@PMOIndia) January 9, 2024

He also had a meeting with Professor Iain Martin, vice chancellor of Deakin University.

Professor Iain Martin, Vice Chancellor of @Deakin called on PM @narendramodi, in Gandhinagar.

They had a productive discussion on enhancing collaboration between government and academic institutions pertaining to cybersecurity. The PM also welcomed Deakin University to… pic.twitter.com/VXatrrYc90

— PMO India (@PMOIndia) January 9, 2024

“They had a productive discussion on enhancing collaboration between government and academic institutions pertaining to cybersecurity. The PM also welcomed Deakin University to collaborate with Indian universities for promoting research and innovation,” the PMO said in a post on X.

#WATCH | PM Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan hold a roadshow in Ahmedabad, ahead of Vibrant Gujarat Global Summit pic.twitter.com/a6w27umeTJ

— ANI (@ANI) January 9, 2024

The Vibrant Gujarat Global Summit, hailed as the biggest ever gathering, will be held during January 10-12 and is expected to bring in around 100,000 visitors, including chief executives, business leaders, ministers and diplomats from 133 countries.

Boosting India-Mozambique ties!

PM @narendramodi and President Filipe Jacinto Nyusi had a wonderful meeting in Gandhinagar today. They deliberated on strengthening bilateral ties, discussing areas like defence, counter-terrorism, energy, health, trade, investment, agriculture,… pic.twitter.com/s4M3nOYsqD

— PMO India (@PMOIndia) January 9, 2024

Billionaires Mukesh Ambani and Gautam Adani, Tata group chairman, executives of Microsoft, Alphabet’s Google, and Toyota are expected to attend the event that is looking to attract investments in sectors ranging from chipmaking to green energy and electric vehicles manufacturing.

Tags: Ahead of VGGSCEOSdiscussgandhinagarindustry issuesinvestment opportunitiespm modi
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