Coca Cola CEO At The PM's Roundtable: 'We Like Investing In India'

International Business

Coca Cola CEO James Quincey met PM Modi at the CEO conference. He said that it was exciting to be present at the meeting and that India is an important market

Written By Devarshi mankad | Mumbai | Updated On:
Coca Cola

Prime Minister Narendra Modi met Coca Cola CEO James Quincey on the sidelines of the United Nations General Assembly. The Prime Minister interacted with 42 business leaders from across the United States. The leaders of these companies were from a various number of sectors and industries, such as financial services, IT, business, retail, power, food processing, etc.

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'Excited to be at the summit'

At the end of the meeting, Quincey said that it was really exciting to be at Prime Minister's 'Invest in India' summit and that India was a big market which they liked investing in. He added, "We like investing in India, we have lots of employees, tonnes of factories, we just don't think it is an important market for us. It is the fifth most important and we think that it will become the third most important. We are very excited about continuing to invest in India and be aligned with the growth agenda of the government." 

WATCH: PM Modi explains '5 Trillion Dollar economy' and its relevance to India

PM Modi interacted with 42 CEOs in the round table conference, where the government made a presentation on the investment opportunities in India and why the country is an ideal destination for global firms. The government also mentioned the changes in policy and various other policy initiatives undertaken to encourage investments. 15 CEOs expressed a desire to invest in India and also raised issues which they faced and wanted the PM to address. The Prime Minister heard them out and later gave his suggestions. In the end, PM had a one-on-one meeting with seven firms - Mariott, IBM, Walmart, Coca Cola, Shell, Bank of America and Boeing. 

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PM's push for investment

The Prime Minister had another hectic day for PM Modi on the sidelines of the United Nations General Assembly, where he also had multiple bilateral meetings with world leaders. The PM started his day by attending the Bloomberg Global Business Forum in New York. The event was lead by Michael Bloomberg and PM Modi delivered a keynote address, where he showed India's roadmap to achieve the target of making it a $5 trillion economy. He invited investors to India stating that there were multiple benefits in doing so and he also said that India lead with 'four Ds'. which are - democracy, demography, demand, and decisiveness. At the event, he also highlighted that the Bloomberg National Brand Tracker 2018 survey recently ranked India as the top-performing Asian economy in attracting global investment.

READ: PM Modi's "If you want to invest in urbanisation, come to India" pitch

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