Apart from media mogul Rupert Murdoch, the gathering featured eight of the top 10 financial entities in the US, where PM Narendra Modi outlined efforts made during the last 15 months to increase investment. (PTI photo)
After meeting Prime Minister Narendra Modi in New York, media tycoon Rupert Murdoch, tweeted that he had a "great hour" with the "best leader with best policies since independence."
Mr Murdoch was among the
top CEOs who met PM Modi on Thursday at New York's iconic Waldorf Astoria hotel.
After the meeting, many American business leaders said the Indian prime minister had carried out
significant economic and governance reforms after taking power last year, but needed to do more.
"We all have concerns about the speed. We want to see more action more quickly but directionally the investments in infrastructure, the energy, vision for the future, bringing the country together, goods and services tax reform, are all extremely positive," said Mark Weinberger, CEO of Ernst and Young.
To a gathering that featured eight of the top 10 financial entities in the US, including JP Morgan and Blackstone, PM Modi outlined efforts made during the last 15 months to increase investment in key areas like infrastructure.
"The government has already undertaken a massive amount of reforms. The key message from the US companies was keep doing what you are doing. I had a great meeting, there was a constructive dialogue in the spirit of collaboration. We are looking at India trying to get foreign direct investment," JP Morgan CEO James Dimon said.
Black Stone CEO Stephen A Schwarzman said that he felt the Prime Minister was open to the suggestions the CEOs put before him to improve access to the country.
"There are various, in terms of ability of US companies to take IPOs, the ability to have more capital going to rural areas," he said when asked on the kind of reforms US companies would like to have in India.
"I think, things tend to overshoot. People tend to get exceptionally excited. I am hopeful as is everyone that things would be on track," Mr Schwarzman said.