PM Modi needs to do more: Top US CEOs
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Prime Minister Kicking off his second visit to the US in one year with a meeting with eight of the top 10 financial entities in the US, including
Some of the CEOs, after the meeting, said yesterday that they were satisfied with the progress of the reform.
"The government has already undertaken a massive amount of reforms. Key message from the US companies was keep doing what you are doing. I had a great meeting, there was a constructive dialogue in the spirit of collaboration. We are looking at India trying to get foreign direct investment," J P Morgan CEO
"Our goal is to make sure that we are seeing enough change so that we feel we are comfortable in investing our capital. We would continue to watch and wait. For the amount of time he has been in office, there has been a lot of changes he has made. So clearly more to come, but as a potential investor, we are optimist," said
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When asked if she is satisfied with the pace of economic reforms in India, Fuller replied in positive, "Yes I am."
Black Stone CEO
"There are various, in terms of ability of US companies to take IPOs, the ability to have more capital going to rural areas," he said when asked on the kind of reforms US companies would like to have in India.
"I think things tend to overshoot. People tend to get exceptionally excited. I am hopeful as is everyone that things would be on track," Schwarzman said.
(Image credits: Indiatimes)
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