General medical and health, Multinational conglomerate company

Union Finance Minister Nirmala Sitharaman on Friday participated in the roundtable organized by US-India Business Council (USBIC) on "Maximizing India's Sustainable and Inclusive Growth as Global Destination for US Investment".A finance ministry release said the conference was conducted through video conferencing which witnessed the participation of prominent foreign investors like General Electric, Baxter Healthcare USA, Brambles, Marsh and McLennan Companies, PepsiCo amongst others.The roundtable provided the investors with an opportunity to engage with the Finance Minister and other senior officials of the Government of India, the release said. The areas of discussion included Life Sciences, Green Energy, Infrastructure, Insurance, Defence, Security, Manufacturing, Renewable Energy, Power, Pharmaceuticals, Textiles and Hospitality and Digital economy.Sitharaman acknowledged the efforts of CEOs of top-40 American companies for creating a global task force to mobilize resources for India during the second COVID wave. She also mentioned that India and the US have also set an ambitious target of achieving USD 500 billion in two-way trade.Sitharaman spoke about stimulus packages announced recently which is tailored to meet the basic requirement of investors.She also informed the investors about India's consistent and continuous wide-ranging reforms which make the country an attractive destination for foreign investment and how India continues to rise as a global economic powerhouse.She mentioned this year's budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the Government is committed to developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.In her concluding remarks, Nirmala Sitharaman spoke about going ahead with an overall vision to build a self-reliant modern India. The Finance Minister stated that the Nation is committed to a long-term relationship with US Investors.She spoke about: "Consistent and continuous productive reforms that make India investor-friendly destination; vibrant and pulsating Financial Markets; Enormous investments underway in Infrastructure sector; Covid and its aftermath demonstrating Indian economy's resilience; and Tremendous potential of Innovation and R&D."( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

General Medical And HealthFOLLOW

General medical and health, Latest News

Washington DC [US], March 18 : General Electric (GE) cancelled stock awards for Chief Executive Officer Larry Culp originally ... ...

The healthcare and tech sector entrepreneur Vivek Ramaswamy's nomination for the US Presidential election bid is another example of ... ...

The 14th Edition of GIPC (GIPC 2023) will be held from February 18-19, 2023 at Goa Marriott Resort & Spa and will cover topics related to Green Technology Innovation, Demystifying NFTS & IP, Data Protection & Compliance, AI Inventorship, IP Considera ...

New York, Dec 15 In a tight race, an Indian-American engineer won an open seat in a city ... ...

Stockholm, Dec 8 One of Sweden's nuclear reactors will operate at a rate of around 50 per cent ... ...

Digitalization has led to multiple innovations, and offers wide-ranging scope for technology advancements. Towards this, industries across the spectrum from manufacturing to services have recalibrated their supply chain to match the evolving markets. ...

Chennai, July 20 Tamil Nadu government is working towards making the state as the first address for industrial ... ...

Union Finance Minister Nirmala Sitharaman on Friday participated in the roundtable organized by US-India Business Council (USBIC) on "Maximizing India's Sustainable and Inclusive Growth as Global Destination for US Investment". ...