The meeting with chip giant Cristiano Amon assumes significance given India’s push to make 5G technology safe and secure.
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with prominent US CEOs from five different key sectors and highlighted the economic opportunities in India.
Modi, who arrived in Washington on Wednesday on an official visit to the US during which he will hold his first one-on-one meeting with President Joe Biden and his deputy Kamala Harris, held a one-on-one meeting with CEOs of Qualcomm, Adobe, First Solar, General Atomics and Blackstone here.
Two of them are Indian-Americans – Shantanu Narain from Adobe and Vivek Lal from General Atomics. The three others are Cristiano E Amon from Qualcomm, Mark Widmar from First Solar and Stefan A Schwarzman from Blackstone.
Ahead of his meeting with business leaders, Modi had said that he would hold talks with leading CEOs to uncover economic opportunities in India.
While Narayan reflects the IT and digital priority that the Indian government is emphasizing, Modi’s meeting with Lal assumes significance as General Atomics is not only a leader in military drone technologies, but also the world’s top manufacturer of state-of-the-art military drones. . , which the US shares only with its major allies and partners.
India is in the process of procuring a significant number of drones for all the three branches of its armed forces. It has also leased some drones from General Atomics.
The Jakarta-born Lal, who is now based out of California, has been instrumental in major bilateral defense deals worth nearly USD 18 billion for more than a decade, as India and the US take steps to forge a new relationship in which defense trade is an integral part of defense trade. The main pillar.
The meeting with chip giant Cristiano Amon assumes significance given India’s push to make 5G technology safe and secure.
The San Diego-based company manufactures semiconductors, software and services related to wireless technology.
A world leader in 3G, 4G, and next-generation wireless technology innovations for more than 30 years, Qualcomm is now leading its way to 5G with a new era of intelligent products that span automotive, computing, and the Internet of Things. revolutionizing industries. (IoT). India is looking for big investment from Qualcomm.
As India continues to make major strides in harnessing solar energy to meet its energy needs, the meeting with Mark Widmar assumes significance as First Solar is a leading global provider of comprehensive photovoltaic (“PV”) solar solutions, based on its advanced Module uses and system technology.
Earlier this summer, the Arizona-based company announced the addition of 3.3 GW of capacity at a new facility in India at an estimated cost of USD 684 million.
Stephen A. Schwarzman is the chairman, CEO and co-founder of Blackstone, one of the world’s leading investment firms investing capital on behalf of pension funds, large institutions and individuals.
In March this year, Blackstone announced that the fund managed by Blackstone Real Estate has acquired Warburg Pincus and Embassy Industrial Park from Embassy Group in one of India’s largest logistics transactions.
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