Friday, September 24, 2021

Time for Modi-Biden maiden meet. :::::: Foreign Secretary briefs media on PM Modi's meeting with business leaders in US

"Had an outstanding meeting with @POTUS Joe Biden. His leadership on critical global issues is commendable. We discussed how India and USA will further scale-up cooperation in different spheres and work together to overcome key challenges like COVID-19 and climate change." - PM Modi tweets




Celebrations outside White House, Washington DC as people waited to welcome PM Narendra Modi. "We feel privileged to welcome him here.He's a promising leader, can take India to greater heights," says an enthusiastic supporter.  

"I know you for long, I am happy you are in White House today...," says Biden. 

Trade holds importance on its own b/w India & the US. In this decade, we can be complementary to each other. There are many things with the US, that are needed by India and many things with India that can be useful for the US. Trade will be a major sector in this decade: PM Modi 

"I see that under your leadership the seeds have been sown for India-US relations to expand: Prime Minister Narendra Modi makes opening remarks during bilateral with US President Joe Biden. 


The Indian delegation for bilateral meeting with US President Joe Biden led by PM Modi included EAM Dr S Jaishankar, NSA Doval, Foreign Secretary HV Shringla, India's ambassador to US TS Sandhu, Jt Secy to the PM RG Shresth and Private Secy to the PM Vivek Kumar











Time for Modi-Biden maiden meet.  




Ahead of the meeting President Biden took to Twitter and said, 

"This morning I'm hosting Indian Prime Minister Narendra Modi at the White House for a bilateral meeting. I look forward to strengthening the deep ties between our two nations, working to uphold a free and open Indo-Pacific, and tackling everything from Covid-19 to climate change."

In his first bilateral meeting with the US President, Narendra Modi met Joe Biden at the White House.

During the interaction, the two leaders discussed a wide range of priority issues, including combating Covid-19, climate change, economic cooperation as well as terror and situation in Afghanistan.

The two leaders have met earlier when Biden was the Vice President. 


"In 2006, I said by 2020, #India and #US will be closest nations in the world" - #JoeBiden @POTUS  


"Even in 2014 and 2016, you had great vision of strong Indo-US relationship. Today as President, you are taking the initiatives to implement it" - #Modi to #Biden 

"I look at new decade of this new century, your leadership ...seeds are being sown for India-US relationship. will be vital and transformative" - #Modi to #Biden 


Harsh Vardhan Shringla, Foreign Secretary: Namaste and Good evening to all our friends from media.


"As you are aware, Prime Minister Shri Narendra Modi arrived at Washington D.C......He had been accompanied by a high-level delegation consisting of the External Affairs Minister, National Security Advisor and senior officials.


He has had a number of engagements today and I'm trying to give you a sense of some of those engagements. This included his meeting with the Honorable Vice President of the United States, Kamala Harris, bilateral meeting with the Prime Minister of Australia, Sir Scott Morrison, bilateral meeting with the Prime Minister of Japan Yoshihide Suga. He also met select CEOs of US companies and these meetings were separate.


Let me start sequentially. This morning the Prime Minister met the CEOs of five major US corporates. As you know, the United States is our single largest trading partner. It is also a source of foreign direct investments and a major economic partner of ours. 

In that context, the companies that the Prime Minister, the CEOs of companies that the Prime Minister met today represent those companies that have already either already invested significant amounts and, and propose to expand their investments or are planning significant investments in India. I'll just quickly. I mean, I think you've already got a readout of the meetings, the CEOs have gone on record, but I'll try and put it in perspective very briefly.


The first company Prime Minister met was Qualcomm. This is a global leader in chip manufacturing. They are very high tech company. The Prime Minister discussed connectivity, 5G-connectivity and Digital India flagship program with the CEO of Qualcomm. He, the CEO was very, very optimistic on India. He called it the number one growth destination for companies in the world.



The second CEO the Prime Minister met was the CEO of Adobe. Again, this is a company that has made enormous strides using technology in the creative domain. Prime Minister discussed education technology, startups, innovation, and animation for the youth. There was a lot of discussion on how technology can benefit younger people, particularly students, school going students. And and again, a very, very useful meeting.


The third meeting was the CEO of First Solar. This is a leader in solar making equipment. The manufacturer, their technology is a new one. This is a very unique technology in the field of solar energy using thin film technology and discussion centered around their plans to invest significant amounts in setting up solar manufacturing facility in India. I'm told that they're looking at a facility, which is has a capacity of 3.3 gigawatts as you can, as you can imagine, that's very significant capacity and investments worth 675 million dollars, the CEO of First Solar discussed also the green hydrogen mission that the Prime Minister announced and there was also a sense of interest in the Prime Minister's vision of one world, one sun, one grid.


The fourth company was General Atomics, which centered around India's recent drone policy including the PLI scheme. And the last group was the Blackstone Group which has made, it’s a major asset management company. It has a very large presence in India. 


It is very significant investor in India. And from what I can see, they have the CEO announced plans to invest significantly more in the country. He referred to India as the number one performing country in the world. I'm quoting and there is a clear message from business leaders of their appreciation of the recent reform measures in India. 


That is made, it made India more business-friendly environment with liberal investment rules in across different sectors. And, and, of course, they felt that they were significant investment opportunities in India.

(source MEA)

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