 "PM Modi meets top CEOs, lures investments to boost economy, create jobs")
Prime Minister Narendra Modi on Tuesday engaged in discussions with several prominent global CEOs on the sidelines of the Vibrant Gujarat Global Summit. His focus was on attracting investments across various sectors with the aim of stimulating the economy and fostering job creation. Ahead of the inauguration of the Vibrant Gujarat Global Summit scheduled for 10 January, the Prime Minister held meetings with executives from Suzuki Motor Corp, Micron Technology, and AP Moller. During these interactions, they delved into industry-related concerns and explored potential investment opportunities. PM 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.
PM @narendramodi and Toshihiro Suzuki, Representative Director & President, Suzuki Motor Corp, had a meeting in Gandhinagar.
— PMO India (@PMOIndia) January 9, 2024
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
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. “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,” the PMO said in a separate post on X.
Mr. Sanjay Mehrotra, the President and CEO of Micron Technology, held a meeting with PM @narendramodi in Gandhinagar.
— PMO India (@PMOIndia) January 9, 2024
They discussed Micron's efforts to enhance the semiconductor manufacturing ecosystem in India. pic.twitter.com/9UqIgXBOeR
US chip making giant Micron has started construction of a USD 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. The prime minister also met Ahmed bin Sulayem, the Group Chairman & CEO of DP World.
PM @narendramodi had a meeting with @ssulayem, the Group Chairman & CEO of @DP_World, in Gandhinagar.
— PMO India (@PMOIndia) January 9, 2024
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
“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.
Keith Svendsen, CEO of A.P. Moller – @Maersk, met PM @narendramodi in Gandhinagar.
— PMO India (@PMOIndia) January 9, 2024
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
Impact Shorts
More Shorts“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. 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.
— 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… pic.twitter.com/VXatrrYc90
“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. 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. 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. With inputs from agencies
 "Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?")
 "As Russia pushes east, Ukraine faces mounting pressure to defend its heartland")
 "Why Mossad was not on board with Israel’s strike on Hamas in Qatar")
 "Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe")
 "Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?")
 "As Russia pushes east, Ukraine faces mounting pressure to defend its heartland")
 "Why Mossad was not on board with Israel’s strike on Hamas in Qatar")
 "Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe")
