PM Narendra Modi attends business meeting in Geneva

Published By : Admin | June 6, 2016 | 13:49 IST
PM Modi meets Swiss CEOs in Geneva, Switzerland
India's economy growing rapidly; Swiss strengths can be beneficial: PM to CEOs
India not just a market of 1.25 billion, but has the skills & a Govt which is open to business: PM to Swiss CEOs
India wants to have manufacturing of global standards. Hence, Swiss model of skill development very relevant: PM
PM Modi discusses trade, technology, skill development, renewable energy with Swiss President

The Prime Minister, in his third leg of the five nation tour, held a business roundtable with Swiss CEOs in Geneva today. The focus was on deepening the economic ties as the CEOs across several sectors joined the meeting. A virtual who-is-who of the Swiss business including ABB, Lafarge, Novartis, Nestlé, Rieter, Roche etc. joined the Round Table with PM.

Addressing the business leaders the Prime Minister said that India's economy is growing rapidly and the coming together of our development needs and Swiss strengths can be beneficial. He told that he is glad that the economic linkages between the two nations are strong and vibrant. The Prime Minister said that India is not just a market of 1.25 billion, we have skills and a government which is open to business. He added that India wants to have manufacturing of global standards and hence the Swiss model of skill development is very relevant to it.

Earlier in the day, the Prime Minister reviewed the multifaceted bilateral ties between India and Switzerland with the Swiss President Schneider-Ammann. Collaboration in trade, technology, skill development, renewable energy were discussed during the talks. The Prime Minister shared the views that the common commitments, values, people-to-people and economic ties will take India-Switzerland relations to new heights.

A group of Indian scientists and students at CERN also met the Prime Minister in Geneva today.

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৭৮ তম স্বাধীনতা দিবস উপলক্ষ্যে নয়াদিল্লির লালকেল্লার প্রাকার থেকে প্রধানমন্ত্রীর ভাষণ ১৫ই আগস্ট , ২০২৪

জনপ্রিয় ভাষণ

৭৮ তম স্বাধীনতা দিবস উপলক্ষ্যে নয়াদিল্লির লালকেল্লার প্রাকার থেকে প্রধানমন্ত্রীর ভাষণ ১৫ই আগস্ট , ২০২৪
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PM chairs Semiconductor Executives’ Roundtable
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CEOs appreciate the suitable environment for the industry in country saying centre of gravity of the semiconductor industry is starting to shift towards India
Expressing confidence in the business environment, CEOs say there is unanimous consensus in the industry that India is the place to invest
CEOs mention that enormous opportunities present in India today were never seen earlier

Prime Minister Shri Narendra Modi chaired the Semiconductor Executives’ Roundtable at his residence at 7, Lok Kalyan Marg earlier today.

During the meeting, Prime Minister said that their ideas will not only shape their business but also India’s future. Mentioning that the coming time will be technology driven, Prime Minister said semiconductor is the basis of the Digital Age and the day is not far when the semiconductor industry will be the bedrock for even our basic necessities.

Prime Minister emphasised that democracy and technology together can ensure the welfare of humanity and India is moving ahead on this path recognizing its global responsibility in the semiconductor sector.

Prime Minister talked about the pillars of development which include developing social, digital and physical infrastructure, giving boost to inclusive development, reducing compliance burden and attracting investment in manufacturing and innovations. He underscored that India has the capability to become a trusted partner in a diversified semiconductor supply chain.

Prime Minister talked about India’s talent pool and the immense focus of the government on skilling to ensure that trained workforce is available for the industry. He said that India’s focus is to develop products which are globally competitive. He highlighted that India is a great market for investing in hi-tech infrastructure and said the excitement shared by the leaders of the semiconductor sector today will motivate the government to work harder for this sector.

Prime Minister assured the leaders that the Indian government will follow a predictable and stable policy regime. With the focus of Make In India and Make for the World, Prime Minister said that the government will continue to support the industry at every step.

The CEOs appreciated India’s commitment to the growth of the semiconductor sector and said that what has transpired today is unprecedented wherein leaders of the entire semiconductor sector have been brought under one roof. They talked about the immense growth and future scope of the semiconductor industry. They said the centre of gravity of the semiconductor industry is starting to shift towards India, adding that the country now has a suitable environment for the industry which has put India on the global map in the semiconductor sector. Expressing their belief that what is good for India will be good for the world, they said India has amazing potential to become a global power house in raw materials in the semiconductor sector.

Appreciating the business friendly environment in India, they said that in the world of complex geopolitical situation, India is stable. Mentioning their immense belief in India’s potential, they said there is unanimous consensus in the industry that India is the place to invest. They recalled the encouragement given by the Prime Minister in the past as well and said the enormous opportunities present in India today were never seen earlier and they are proud to partner with India.

The meeting was attended by CEOs, Heads and representatives of various organisations including SEMI, Micron, NXP, PSMC, IMEC, Renesas, TEPL, Tokyo Electron Ltd, Tower, Synopsys, Cadence, Rapidus, Jacobs, JSR, Infineon, Advantest, Teradyne, Applied Materials, Lam Research, Merck, CG Power and Kaynes Technology. Also present in the meeting were Professors from Stanford University, University of California San Diego and IIT Bhubaneswar.