PM Modi Meets Goldman Sachs Board, Highlights Opportunities India Offering For Global Firms

This meeting with the renowned investment bank and financial services giant adds to a series of interactions between the Prime Minister and various global companies in recent days

Prime Minister Narendra Modi on Wednesday met with the board members and key leadership of Goldman Sachs Group Inc and highlighted several opportunities the country is offering for global firms. This meeting with the renowned investment bank and financial services giant adds to a series of interactions between the Prime Minister and various global companies in recent days. 

"Had a fruitful discussion with the members of the Board and key leadership of Goldman Sachs Highlighted India's vast potential for growth, fuelled by recent reforms and a conducive business environment. Also spoke of how India's offers several opportunities for global firms," Prime Minister Narendra Modi said on twitter after the meeting. 

As per a Bloomberg report, the 12-member board of Goldman Sachs is visiting India for their first meeting in over a decade in India. Having established its first office in Bengaluru in 2004, Goldman Sachs has deployed more than $7 billion in capital since 2006, the report said.

Last week, during his US state visit, Prime Minister Narendra Modi held meetings with prominent business leaders including, Elon Musk of Tesla Inc., Tim Cook of Apple Inc., Sundar Pichai of Alphabet Inc., and Satya Nadella of Microsoft Corp. The aim of these meetings was to attract investments that would drive growth in India, the world's fifth-largest economy. Notably, significant deals were announced, including Micron Technology Inc.'s investment of over $800 million towards a $2.75 billion semiconductor assembly and testing facility in India.