PM to visit Vietnam; to attend Annual G-20 Leaders Summit in Hangzhou, China

Published By : Admin | September 2, 2016 | 09:48 IST
PM Modi to visit Vietnam; hold bilateral talks with PM Nguyen Xuan Phuc
PM Narendra Modi to meet the President of Vietnam & several other Vietnamese leaders
PM Modi to pay homage to Ho Chi Minh & lay a wreath at the Monument of National Heroes and Martyrs
Prime Minister Modi to visit the Quan Su Pagoda in Vietnam

The Prime Minister, Shri Narendra Modi would be visiting Vietnam from 2nd September 2016 to 3rd September 2016. Prime Minister will also be attending Annual G-20 Leaders Summit in Hangzhou, China from 3rd September 2016 to 5th September 2016.

In a series of posts from his Facebook account the Prime Minister said:

“Greetings to the people of Vietnam on their National Day. Vietnam is a friendly nation with whom we cherish our relationship.

Today evening, I will reach Hanoi in Vietnam, marking the start of a very important visit that will further cement the close bond between India and Vietnam. My Government attaches a high priority to our bilateral relations with Vietnam. The India-Vietnam partnership will benefit Asia and the rest of the world.

During the visit, I will hold extensive discussions with Prime Minister Mr. Nguyen Xuan Phuc. We will review complete spectrum of our bilateral relationship.

I will also meet the President of Vietnam, Mr. Tran Dai Quang, the General Secretary of the Communist Party of Vietnam, Mr. Nguyen Phu Trong; and the Chairperson of the National Assembly of Vietnam, Ms. Nguyen Thi Kim Ngan.

We wish to forge a strong economic relationship with Vietnam that can mutually benefit our citizens. Strengthening the people-to-people ties will also be an my endeavour during the Vietnam visit.

In Vietnam, I will have the opportunity to pay homage to Ho Chi Minh, one of 20th century’s tallest leaders. I will lay a wreath at the Monument of National Heroes and Martyrs as well as visit the Quan Su Pagoda.

I will visit Hangzhou, China from 3-5 September 2016 for the Annual G-20 Leaders Summit. I will arrive in Hangzhou from Vietnam where I would have concluded an important bilateral visit.

During the G-20 Summit, I will have an opportunity to engage with other world leaders on pressing international priorities and challenges. We will discuss putting the global economy on the track of sustainable steady growth and responding to emerging and entrenched social, security and economic challenges.

India will engage constructively on all the issues before us and work towards finding solutions and taking forward the agenda for a robust, inclusive and sustainable international economic order that uplifts the socio-economic conditions of people across the world, especially those who need it most in developing countries.

I look forward to a productive and outcome oriented Summit.”

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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.