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PM Modi Meets Business Leaders, Assures of ‘Continued Political Stability’

Prime Minister Narendra Modi stressed continued political stability and predictability of policies in India at a round table with the CEOs and top executives of top American companies, including those from Walmart, Lockheed Martin, IBM, Coca Cola, MasterCard and Marriott.

While overwhelmingly optimistic about their outlook for India, the business executives had sought further action on ease of doing business and innovations, Guruprasad Mohapatra, secretary of department for promotion of industry and internal trade, told reporters.

USIBC’s Nisha Biswal told MSN after the meeting, “They talked about how a continued path on fiscal reforms and continued progress on the ease of doing business can really help advance India’s economic growth. And I think the Prime Minister listened with a lot of attention to those issues and responded to a number of those areas and talked about how he is looking to continue that reform process as he goes into his second term.”

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Source: Hindustan Times