
Prime Minister Narendra Modi said he wants to convert the Supreme Court judgment on coal allocation into an "opportunity to move forward and clean up the past", as he wooed CEOs of large American companies to invest in India in key sectors including infrastructure.
Prime Minister Narendra Modi during a breakfast meeting with CEOs in New York, US. (Source: PTI)
Listening to concerns raised by the business leaders, Modi assured them that his government will address their issues and try to make the environment in India more business- friendly.
Prime Minister Narendra Modi speaks during a keynote speech at the Council on Foreign Relations in New York. (Source: AP)
Hosting a breakfast for 11 CEOs, including Indian-origin PepsiCo CEO Indra Nooyi, Google Chairman Eric Schmidt and Citigroup chief Michael Corbat, Modi said India is open-minded and want the change, which is "not one-sided".
Prime Minister Narendra Modi shakes hands with PepsiCo's Indian American chairman and CEO Indra Nooyi after a breakfast meeting in New York. (Source: PTI)
Modi's observation comes in the backdrop of concerns that the judgment would have an adverse impact on corporate sentiments and overall business climate.
Prime Minister Narendra Modi, right, clasps his hands and bows as he ends his visit to the Council on Foreign Relations in New York. (Source: AP)
Prime Minister Narendra Modi during a breakfast meeting with CEOs in New York. (Source: PTI)
The Supreme Court last week quashed allocation of 214 out of 218 coal blocks alloted to various companies since 1993 terming it as "fatally flawed" and allowed the Government to take over operation of 42 such blocks which are functional.
Prime Minister Narendra Modi, left, joined by his translator, listens to a question from an audience member after his remarks to the Council on Foreign Relations. (Source: PTI)
Prime Minister Narendra Modi and former US President Bill Clinton shake hands during a meeting in New York. (Source: PTI)
Prime Minister Narendra Modi with Lloyd Blankfein, CEO of Goldman Sachs during a meeting in New York on Monday. (Source: PTI)
Prime Minister Narendra Modi with former US President Bill Clinton and Hillary Clinton during a meeting in New York. (Source: PTI)
"(We) want to convert the Supreme Court judgment on coal allocation into an opportunity to move forward and clean up the past," Modi told the CEOs.
Council on Foreign Relations president Richard Haas, left, sits as a host with India's Prime Minister Narendra Modi, right, who introduces India's Foreign Minister Sushma Swaraj after a question on gender violence following his remarks to the Council. (Source: PTI)
Prime Minister Narendra Modi shakes hands with James McNerney, CEO of Boeing during a meeting in New York. (Source: PTI)
Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj exchanging greetings with former US President Bill Clinton and Hillary Clinton during a meeting in New York, US. (Source: PTI)
Prime Minister Narendra Modi shakes hands with Virginia Rometty, CEO of IBM during a meeting in New York, US on Monday. (Source: PTI)
Prime Minister Narendra Modi and Foreign Secretary Sujatha Singh during a breakfast meeting with CEOs in New York, US. (Source: PTI)
Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj with former US President Bill Clinton and Hillary Clinton during a meeting in New York. (Source: PTI)
Describing the meeting as "excellent and very good", all business leaders, including Nooyi and Corbat, said that the Prime Minister heard their concerns and listed out the priority areas of his government to take forward the India story to higher levels.
Indra Nooyi of Pepsico with Charles Kaye of Warburg Pincus before a breakfast meeting with Prime Minister Narendra Modi in New York. (Source: PTI)