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PM Modi meets Amercian CEOs at financial sector round-table conference

While talking to the CEOs, Modi said his government strongly supports Public Private Partnership. “GDP growth last year was 7.3 percent. There has been a 40 percent increase in FDI; WB, IMF,” he said.

Prime Minister Narendra Modi is holding a round-table meeting with financial organisations including JP Morgan and Blackstone in the United States, an important meeting with Foreign Institutional Investor (FII) keen to invest in India.


While talking to the CEOs, Modi said his government strongly supports Public Private Partnership. “GDP growth last year was 7.3 percent. There has been a 40¬†percent increase in FDI; WB, IMF,” he said.


Accelerating growth, Modi spoke about efforts made during last 15 months for increasing invst in areas of taxation, infrastructure and FDI.


He will also headline a round-table on media and communications hosted by News Corp’s Rupert Murdoch and attend a dinner with Fortune 500 company CEOs in the Silicon Valley.


India will also host the G-4 summit here on September 26, before Modi leaves for the West Coast for a two-day trip during when he will have meetings with Facebook CEO Mark Zuckerberg, Apple CEO Tim Cook and Google’s new CEO Sundar Pichai. He will also attend a grand community reception in San Jose.


Modi will meet Barack Obama on September 28, his third summit meeting with the US President in about a year.


Modi is expected to focus on giving a further push to early and urgent reform of the Security Council and to send an “unambiguous message” of “zero tolerance against terrorism”. Officials said Prime Minister Modi will not have a bilateral meeting with his Pakistani counterpart Nawaz Sharif during his current five-day trip to the US.