CEOs lauds PM Modi for India's improvement in World Bank Report

November 03, 2017 23:38

Prime Minister Narendra Modi on Friday interacted with global Chief Executive Officers of food processing sector in the ongoing World Food India event.

A statement issued by the Prime Minister's Office mentions that the CEOs appreciated Prime Minister Modi on the massive improvement in India's rank in the recent World Bank Doing Business Report.

"Various CEOs complimented the Prime Minister on the massive improvement in India's rank in the recent World Bank Doing Business Report," it said.

"A heartening discussion around potential in India. Left with good feeling of future and its potential," Steven Schiller, The Hershey Company.

Varun Berry, Britania Industries Ltd, "Excellent meeting. He (PM) heard all of us, understood points we made and responded to each one of those."

"Many CEOs said that they were inspired by the Prime Minister's vision of doubling farm incomes, and the pace and progress of economic reforms over the last three years under his leadership. They especially appreciated the structural reforms and bold initiatives such as GST and the liberalization of the FDI regime," reads the statement.

In the meeting, the CEOs presented an overview of growth in India's food processing, agriculture, logistics, and retail sectors.

They even reaffirmed their commitment to be part of India's growth.

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